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Politics : Stockman Scott's Political Debate Porch
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To: lurqer who wrote (13558)2/26/2003 4:33:32 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
it is all about keeping COLA down and denying inflation

so now we have distortions from oft-updated seasonality
from hedonic productivity mythical adjustments
from interventionist adjustments
from not counting chronically unemployed

why not just say CPI is zero each month?

one of my "2003 Predictions" mentions widespread public outcry against distorted USGovt economic data reporting
we are getting there
the data almost nowhere is consistent

wait until the Q4 GDP comes out revised
we will see that +0.7% growth trimmed way down
from trade gap rise alone
I doubt it will be revised to become negative
my guess is revised down to +0.3%
within their estimate was a guess on recent trade gaps
of course, they guess favorably
since the initial figure is the most paid attention to

/ jim
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