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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (68931)10/11/1999 11:25:00 AM
From: Les H  Read Replies (2) of 132070
 
As Barron's pointed out as have other economic analysts, the BLS and other statistical reports don't match the private sector surveys, such as the NAPM. The other numbers had to have been severely underreported to drop from 630,000 net job gains to minus 50,000 since the adjustment factors in the BLS public files are too small to account.

Interest link to Fed testimony on the American 'miracle'

estrats.com

Thirty-two percent of GDP growth is confiscated in individual income taxes. GDP growth is driven by money supply growth.
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