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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: GraceZ who wrote (39570)10/25/2003 2:26:06 PM
From: maceng2  Read Replies (2) of 74559
 
AND the exact number IS published on a regular basis

I guess my point is that no one in authority is interested in publishing the real numbers. Just like in Britain "spin" is very much in political fashion in the USA. Here is my view of it all. I agree with Flecks POV on this matter. "Spin" just makes me depressed about any real prospects of recovery.

fleckensteincapital.com

/snippet.

Question: I'm not sure why I get so frustrated by this, maybe I should just laugh. But, every week it's the same headline and same last line of the article.
Headline: "Weekly jobless claims drop 4000" and last line sneaks in "Previous weekly claims revised upwards 6000". How do these people get away with this?

Answer: Because they want to believe all is well and getting better - never underestimate the power of denial.


/end snippet.
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