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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (74826)	11/10/1999 6:55:00 PM
From: Ken98	Read Replies (1) \| Respond to of 86076

Heinz, didn't the commies use similar propaganda and phony statistics to brain-wash the masses and create the illusion of prosperity? More feel good stats from the Dept. of Labor: <<Broad revisions seen boosting U.S. productivity data By Marjorie Olster NEW YORK, Nov 10 (Reuters) - Productivity data due out Friday should show ample gains in the third quarter as well as sweeping revisions to past years that more accurately reflect inflation-busting improvements, economists said on Wednesday. When the Labor Department releases the third-quarter numbers it will also publish adjustments in the productivity series going back as far as 1959 based on benchmark revisions to gross domestic product for that period. Some experts predict those revisions will push up the annual rate of productivity growth by about 0.5 percent over most of this decade. Economists in a Reuters poll predicted on average a 3.0 percent rise in productivity in the third-quarter, much stronger than the tepid 0.6 percent gain registered in the second quarter. ``The published data are catching up to what most people thought was going on in the 'New Economy,' said Cary Leahey, senior U.S. economist at Primark Decision Economics. ``We see all these things coming out of the computer revolution but they are not being counted in the productivity numbers.' Many economists are convinced technology-driven enhancements in productivity in the past few years have created a ``New Economy' able to sustain a faster pace of non-inflationary growth than once was thought possible.>> biz.yahoo.com