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To: snowsislander

I wondered why your "analysis" that "proved" that our manufacturing output was weak ignored 2005's statistics for manufacturing output -- so I looked them up.

I see that manufacturing output was 118.6 in March, 118.2 in April, 118.6 in May and 119.7 in June -- well above the output figures from Clinton's "golden years".

I wonder. Will you NOW apologize for presenting misleading statistics to us?


391 posted on 07/27/2005 7:41:20 PM PDT by pfony1
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To: pfony1
Raw numbers don't adjust for inflation. Everything being denominated in increasingly less-valuable dollars....

If inflation is currently around 5.7% by just using the OFFICIAL method of counting the CPI prior to Bill Xlinton's "Adjustments" which understate it, then all production has to be deflated by that amount.

Raw numbers aren't. If these numbers are adjusted accurately, then fine. But if not, and don't use the same baseline...honest... methodology as when Reagan was President, then they need to be further deflated by that difference.

424 posted on 07/28/2005 5:37:50 AM PDT by Paul Ross (George Patton: "I hate to have to fight for the same ground twice.")
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