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He's even gone so far as to purposely manipulate data to prove his
case. Bologna. Did you click on the sites I provided? What did you see that was different from what I said was there? Since the sites have the same data that I used in my calculation, how do you justify a charge that I manipulated the data? Your precious tax cut is reflected in the rapidly escalating pace at which the National Debt is growing. Got a family of 5? Your $115k is probably just a few weeks' work for you and no big deal.....but for most folks their pro-rata portion of the national debt likely rivals the equity in their home. I think there might be a good reason for the BEA to use adjusted numbers for GDP. It backs out inflation. IOW, if inflation takes everything up 5% in a year is that real growth, or just the same old actual amount expressed in a figure that's 5% higher? When the Bush Administration converts the treasury data to "real" numbers on the White House web site, it is trying to take whatever credit it can get for the effects of inflation creating a larger number. Debt, on the other hand, remains a current total number. "Inflation" isn't a reason to go deeper in debt, just as it isn't a substitute for genuine domestic production. Inflation doesn't "produce" anything, last time I looked. I don't need to manipulate a darn thing to illustrate that the R congress and the R president are spending us into the dumper. You guys are supposed to be fiscally conservative. What a joke that is. |
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