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GLD 408.24+2.3%Dec 22 4:00 PM EST

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To: Tommaso who wrote (76797)7/24/2011 9:06:24 PM
From: carranza22 Recommendations  Read Replies (1) of 218659
 
The Fed and the Treasury are prisoners of their own statistical lies. If U6 were used as the true measure of unemployment and inflation were not massaged via CPI, it is possible that the perception might be that we are indeed in a severe recession perhaps a depression.

I think the health of an economy, it's status as growing or in a depression or recession, should not be measured solely by reference to GDP. A 16 percent unemployment rate says volumes about things.
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