You are posting dishonestly.
First, you posted a misleading chart with wholly fabricated "future increases"...
Then, in order to sustain an optimistic view, versus a realistic view, you removed existing data from the chart, which shows a very sharp entry into downturn... a downturn that is wholly consistent with the rest of the economic data, and the economic reality that is emerging that can't be masked by lying about it... and you reposted that truncated version: another misleading chart showing only increases.
Reality is... the world's economy is falling off a cliff... and you're not going to succeed in talking it into levitating by posting fraudulent performance data. That's not ONLY an attack on your posting dishonestly to fabricate present "increases" and excise real data showing decreases, its also pointing out that the current "plan" for enabling the economy, as fostered by the central planners, makes lying about the facts the core of policy.
However, the policy has limits... and we've reached them...
Reality is, China is NOT growing at 7%+ per annum... but, they are clearly cooking the books to try to sustain the fiction. China is contracting, currently... and lying about it.
The U.S. also, is lying about many facets of our economic performance, hoping and expecting the lies to supplant realities that otherwise condition people's choices in economic behavior...
The key impact of that... is to properly correct prior awareness that now requires recognizing liars as liars.
The U.S. has more people out of work now than France, on a percentage basis... but the official lie is that we have 5.x unemployment... when reality appears to dictate it is 13% or more in fact...
So, first: "The projections are based on an analysis of the underlying data" is probably a lie. It is far more likely that the projections are based on an analysis of the impact that particular projections might have... in modifying people's behavior in particular ways. |
