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Pastimes : All Clowns Must Be Destroyed
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To: pater tenebrarum who wrote (40438)6/17/2000 7:38:00 AM
From: Crimson Ghost  Read Replies (1) of 42523
 
Many here have commented on government inflation numbers. Many feel that these numbers greatly understate real world inflation.

But going from the real world to Washington and Wall Street spin doctors -- the boys who brought us this problem have no regrets. In fact some of the "experts' who said a few years ago that the CPI overstated inflation are saying the same thing now.

According to Wall Street shill Senator Moynihan -- the CPI STILL overstates inflation by 0.8% annually. So the people who pushed through the Boskin Commission hatchet job still are not satisfied.

Now that government economic statistics have become totally politicized, it will not be long before nobody takes them seriously anymore.
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