The real GPD data for the first quarter of 2008 was released today, and it turns out the economy grew at a rate of 0.6%. That is better than the guess of 0.3% that Fox News made earlier this week. Democrats and pundits discounted the data, and said we are indeed in a recession regardless of the data, just go talk to people on the street. The problem I have with that is that people on the street don't have access to data, or even any interest in it. Instead they simply say whatever they heard from pundits on TV. (This includes the news anchors on the major networks, who pontificate rather than just reporting the news.)