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To: JBTFD who wrote (153440)	2/26/2002 4:51:36 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Mark, there is no need for confirmation of misreporting the truth in the US Statistics the reports themselves show that the government misleads every one for it's own advantage. From your article By backing out the impact of inflation, you arrive at the true level of economic activity. The lower the deflator, the less that is subtracted from the actual economic numbers. The GDP deflator has been averaging in the low 2% range for much of this decade. As the table below indicates, everything from housing prices, food, utilities, medical costs, gasoline, and retail goods have been rising at much higher rates. By understating inflation, government statisticians have been overstating GDP growth. Best example compile the housing report with the CPI - home prices rose 10% YoY and the CPI a mere 2%. Now what is the biggest asset of most families ? further in NYC stabilized rents rise at a 4% pace for the last several years, my supermarket charges $2.19 for cottage cheese up from $1.95 last summer or 12% more, same for 8 oz of instant coffee and the list goes on. but all retirees should eat less ..... that is the government stand - as retirees are not important to US society ..... so let them starve ......... interest income is rock bottom yes an hefty 1.25% in best cases ............ and social security payments are adjusted to government inflation not real inflation ........ so the bottom line the US government is the last that cares about the elderly to the contrary the US government intentionally cheats the elderly out of their money.........