Reply #8: NeoCon-Artist Distortion

[unlawflcombatnt]

My "understanding" of economic indicators is correct, and I've posted 3 separate links to show how 3 notable economists have interpreted current indicators.

My reporting is 100% correct. There's nothing to even debate regarding my "reporting" of statistics. You're flat out lying when you claim my "reporting" is wrong. My numbers are based on publicly published, publicly available numbers that you could have verified yourself, if you'd taken the time. The numbers come from the Bush dictatorship's own Bureau of Economic Analysis. The Consumer Price Index numbers come from the Bush dictatorship's own Bureau of Labor Statistics. The Real Wage numbers come from the Bureau of Labor Statistics-Real Wages. The inflation numbers I used come from the http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=CUUR0000SA0">Bureau of Labor Statistics-Consumer Price Index. I posted a copy of the Retail Sales numbers, so people like you couldn't make false claims like you're currently doing. You don't even have to go to another site to see the Retail Sales numbers, since I inserted them directly into the post. And even if you doubt the accuracy of the copy, I posted a link where you can find them. Again, my "reporting" of the actual numbers is factual, unlike you're own false comment.

Capacity Utilization is one statistic only. And it's computation was already altered by the Bush dictatorship over a year ago. That alteration raised the reading approximately 1% point. Even at the current reading, it is less than the 85% achieved under the Clinton administration. And that 85% would be 86% if the same falsification used by the Bush dictatorship had been used.

Once again, the preponderance of evidence suggests a recession is looming. Simply posting and claiming my documentable numbers are wrong means absolutely nothing.

If you have specific doubts about my factual assertions, let me know what they are. I can document every single number and statistic I've used in this post, or any other letter I've ever posted.

unlawflcombatnt

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The economy needs balance between the "means of production" & "means of consumption."