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Reply #14: It's a good model, but now the numbers don't reflect reality. [View All]

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carpetbagger Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-26-03 06:07 PM
Response to Reply #6
14. It's a good model, but now the numbers don't reflect reality.
It's similar to the 1992 situation. Bush and Quayle were factually correct in citing the numbers of the recovery, but off the mark in extrapolating that to the real-life numbers.

In 2004, the numbers will look good (GDP, inflation, unemployment), but they will connect more poorly than usual with real indicators of family and individual economic health (debt, net income, disposable income, cash on hand, job security and more "real" unemployment indicators, stock market stability, costs of major expenses).

If they think the traditional economic models will work in an engineered plutocracy, they need to lay off the sauce.
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