Today we learn that the 1st quarter 2014 GDP estimate is revised down again!.  The US Gross Domestic Product (GDP), often referred to generically as “the economy” contracted for the 1st quarter of 2014.  Originally estimated at a merely anemic .01% it was revised downward for a second time, this time to a disastrous -2.9%.  That’s minus 2.9%.  Oh…did I say disastrous?  I meant awesome!

It’s ok, because now the economy is even more poised to rebound!  So much more rebound potential!  I mean, we thought is was poised before.  Turns out that was nothing.  It is now poised like a…like a…giant poised thing.  Because…something something.  Trust me.  We are in great shape.

Hang on.  I hear some kind of alarm…