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Politics : Ask Michael Burke
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To: bill meehan who wrote (67731)9/15/1999 11:43:00 AM
From: Freedom Fighter  Read Replies (1) of 132070
 
Bill,

>>Wayne, absolutely. While I am far from being an economist (thank God), it seems clear that the government's horde of dismal scientists have "improved" the data to the point that nobody knows what it's really measuring.<<

Thanks.I can't help getting progressively suspicious of changes that keep making the performance of the country look better. Especially when I intuitively disagree with a lot of it and some economists are pointing out problems. It also benefits the government in terms of COLA expenditures, inflation adjusted bonds, and bracket creep tax increases. I have trouble with the idea of making investment decisions based on this stuff.

Wayne
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