That phony inflation “calculation” never gets old.
If the peaks of the graph entitled “Unemployment Rate - - -” are extrapolated and compared to the rates of change from the previous valleys, the probability of an asymptotic rise in the unemployment rate should not be unexpected on a six to seven year cycle.
IOW, on the blue line, Sept, 2000 = 2 % jump in Un. Rate; Sept. 2006 = 8 % jump in Un. Rate.
If the blue line peaks at 3/2003 and 5/2011 are equivalent, then 3 years from now there should be a valley and then a jump in the unemployment rate much greater than the jump in 2008-9 caused by the FHA Bankruptcy.
The jump comes a little sooner on the gray or red lines.
BTW, isn’t the Federal Government still stupidly insuring home loans with taxpayer dollars? Have they learned NOTHING from the 2008 Bursting of The Fannie Bubble?
BTW, BTW, what does “SGS” Alternate stand for in real words?