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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (112467)	3/30/2008 12:56:59 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

inflation adjustments make sense, although they can and are manipulated, too. but that doesn't mean, imho, it is right to add in a whole bunch of other stuff that affords 20 times the manipulation power and then go out and do something stupid like compare the new, manipulated number to the old number and spin in circles while repeating "new economy" when there was really no such thing. keep the old accounting system for actual comparisons that make sense. there was no new economy under the old system. create a new system and call it something different, after all, it is different. then folks don't get confused and then act all stupid based on their confusion. the bubble markets created by this crap have been a whole bunch of fun for lots of people, but the downside is real and it will hurt a great number of people for a long time. it hasn't happened yet, but it will. and the reason for this is they cooked the numbers and made phony comparisons.