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

To: Knighty Tin who wrote (54279)	4/2/1999 9:26:00 AM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Mike, >>Within the report, average hourly earnings were up a milder-than expected 0.2 percent.<< This is from an article that was spinning this as favorable inflation news. I suspect that all the income numbers are nonsense! As far as I know they do not contain stock option compensation. Andrew Smithers put out a chart on the effect of stock options on the income accounts and it showed all sorts of breakdowns and distortions in the measurements. The issue is getting bigger and bigger. Wayne