Say Anything Blog

I’m sure that if it had been a 0.6% decline, it would have been reported as “plummeting” or something like that, but when it’s 0.6% increase, it’s “limping along”.  Bias?

Save America; boycott the MSM.

Well this pretty much should (but won’t) shut up those moron-Americans that are insisting we are in a recession.

What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.

Now I am claiming that we are in a recession; or what a recession is.  But using your definition and how stats like the CPI and USGDP were originally calculated before government fidling we are in a recession.

Shadowstats.com. Check it out!

"All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation.”
- John Adams

Troy,

You are entitled to your opinions, but your own personal facts are just not happening.

Out Here
Rodney G. Graves

Ceterum censeo Parthia esse delendam
Latin: “Furthermore, Parthia (Persia aka modern day Iran) should be destroyed.”

Rodney,

The question comes back to definitions of inflation.  No doubt about it, the government’s ultimate solution to the economic mess of the peanut-farmer years was to re-write this definition in terms that would be more favorable to perceptions. 

Monetarists would judge inflation by currency volume, and as you can see from the Federal Reserve’s numbers that this is up nearly 15% from the prior year.

pdf warning!

The definitions & statistics coming out of the BLS are nearly useless.  I’d like to say the worst is behind us already (is that a chicken little view?) but the Fed has blessed us with at least one more round of rising prices.

At least looking at the money supply can explain why the price of food & oil is going up faster in America than Europe, Japan, - even China or Mexico.

The real solution to a stronger economy?  Fiscal discipline, not empty liberal spending promises & more financial sector bailouts.

Monetarists would judge inflation by currency volume, and as you can see from the Federal Reserve’s numbers that this is up nearly 15% from the prior year.

Only half the picture.  The monetary definition of inflation is an increase in the money supply greater than the demand.  The micro definition is an increase in price without an increase in value.

Save America; boycott the MSM.