In addition, prices paid continue to soar. That is recessionary and inflationary...stagflation....proof positive that QE and endless bailouts of the big banks is not the solution to what ails our economy. -mindmeld
No, no, no. Prices are not soaring. That's all part of your fantasy, Walter Mitty. Reel it back. - tejek
ism.ws
Prices increased from 39.5 to 54.0, a 14.5% increase in the August ISM report.
And in July prices were decreasing. Prices can be very volatile from month to month. We saw oil prices suddenly spike back up in August due to Iran and a fire in an SFO refinery after dropping for two months in June and July. However, overall, there is little inflation in the economy and this is your latest grab at straws.
Ted,
it's very hard for me to have a serious debate with you when you so steadfastly refuse to accept the factual evidence staring you in the face. You say prices aren't increasing, and yet, the ISM says they are. Take off your rose colored glasses, please.
Nothing rose colored; I go with the facts; not grabbing at straws and then breaking into hysteria. I get it. You want an R to win, but they don't deserve to win and they won't win by lying or trumping up data in a way that makes things worse than what they really are. |
