Aug 23, 2016
9:51:12am
Blue Print Sitake's Unofficial Cousin
Yes, and unemployment is at 4.9% and the inflation rate is 0.8%.
I work with statistics everyday in the financial field. I know how to recognize good statistics and I know recognize when statistics have been manipulated to get to a predetermined solution. Your faith that the government is reporting these things accurately, while sweet, is naive.

Since Obama became president the official US inflation rate is 12.2% (overall, not annually). Tell me, does $112 buy what $100 bought at the grocery store today as it did 7 years ago? I use grocery store prices because it is the one most people see easiest, but I could use utility bills, or some other measure. We ignore government statistics when doing our forecasts--I don't know any professional who does use them. They're bunk.

Whenever the government has a vested interest in making things look better than they really are, they do so with impunity and the sheeple fall for it.
This message has been modified
Originally posted on Aug 23, 2016 at 9:51:12am
Message modified by Blue Print on Aug 23, 2016 at 9:54:26am
Blue Print
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Blue Print
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