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To: Wayners who wrote (123381)4/10/2001 10:13:34 PM
From: Victor Lazlo  Respond to of 164684
 
<<Well what are you going to do? I can't rely on people's judgement of what they think the Government statistics should be. I think relying on anecdotal evidence is too narrow to be trusted. >>

Of course not, Wayne. But I'm sure that some econmomist could come up with a measurement formula that would be a lot more accurate. It would not be that difficult. All this stuff is very quantifiable by somebody good in stats, (which rules me out!).

<<Unless you've got something better you've got to rely on Government statistics. >>

Why rely on a measurement that is obviously highly flawed and out of date? I could argue that figures taken from thin air might be as accurate.

Perhaps Skeeter was somewhat correct in saying i'm being too argumentative. I just want to point out the flaws in the Govt's savings measurement- especially when it excludes savings vehicles that the government itself and employers strongly encourage people to participate in -401ks, 403b's etc..
Victor