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To: Mike M2 who wrote (59194)1/18/2001 12:13:46 PM
From: flatsville  Read Replies (3) | Respond to of 436258
 
Mike--

Sure, I've looked at the link and even saved it.

I see the Commerce departments numbers as a politically motivated attempt to deceive the investor public about the true strength of the economy.

I ain't buing this argument that the above is somehow different, more scandalous or less "moral." It is a natural extension of the CPI hedonic fraud which was not only politically expedient, but a poltically motivated deception as well for all concerned in perpetrating it.

Most likely the largely Rep Senate Finance Committee could have stepped in and stopped the Dept. of Commerce from extending the hedonic fraud to GDP any further (than it already was through CPI,) but they didn't.

The question is why?...I mean if it made the Clinton Admin. look so verrry good by masking the true strength/weakness of the economy, why allow it to continue? Hmmmm...?

What was in it for them to remain quiet? Is it possible that it made their job just that much easier?