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To: reaper who wrote (144712)1/18/2002 4:39:29 PM
From: JHP  Respond to of 436258
 
excellent summation!



To: reaper who wrote (144712)1/18/2002 4:46:22 PM
From: Win-Lose-Draw  Respond to of 436258
 
I am personally of the opinion that the ENTIRE change in the government's relative fiscal position since 1996 was created by this statistical sleight of hand

If you are right, then once the impetus from the change wears out the "surplus" will turn back into a deficit on the same order it was before the change.

Oh...

;-)



To: reaper who wrote (144712)1/18/2002 6:00:23 PM
From: Tradelite  Read Replies (4) | Respond to of 436258
 
Understood. But as I suspected, there was a disconnect between the alleged *rigging* of data announcements--which I disagreed with-- and your perfectly valid explanation of policy decisions that are made, out in the open for people to see, about collecting the data.

After a certain number of years of surfing the Internet and seeing people ranting and raving that the government is all crooked, the government lies to people, and today, that the unemployment figures were rigged, I had to speak up.

There really aren't little green men hiding behind doors performing voodoo on the data. And there isn't someone telling BLS that on this particular day or another day, they should "spin" the numbers a certain way. That's all I meant.

Enuff said on the subject, for now and by me, at least. Maybe we all learned something. I did. Thanks.



To: reaper who wrote (144712)1/18/2002 7:15:06 PM
From: Mike M2  Respond to of 436258
 
Reaper, understating inflation was a politically expedient way to cut the growth of entitlements w/out cutting entitlements. Similarly, Clinton raises taxes on social security ( net effect is a cut in entitlements for many) but the lap dog media let him slide on that as well as many other issues. mike