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Gould 0738
 
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Default OT--Economy Grows at Fastest Pace Since 1984

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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