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To: Venturer
for me and mine ... inflation is here. I keep decent books on what comes in and what goes out. I categorize ... food, fuel, insurance, clothing. Costs for all have been going up dramatically. If my books are wrong, I'll eat them. Some of the percentages are double digit increases, thus for essentials my eyes, brain, and books would have to be lying or this author is lying when stating inflation is 1.7%. I believe the author of the article is lying.
36 posted on 06/21/2013 7:31:59 AM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: no-to-illegals

If inflation were computed rationally, with a genuine desire for the truth, it would be a much higher number.

If that were done, then a properly computed GDP would probably be negative for the last several years or more. In reality, we probably have never come out of the recession.

In truth, without some serious policy changes or some unforeseen major event, we are in an indefinite recession. With the likelihood of turning into a depression being much greater than turning into a recovery.

So Orwellian in so many ways. And getting worse, not better.


40 posted on 06/21/2013 7:46:48 AM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there)
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To: no-to-illegals

I believe the author of the article is lying

Yes : But he is a Democrat and that makes it ok.


46 posted on 06/21/2013 9:15:01 AM PDT by Venturer
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