[Homestead] Debt growing faster than admitted.
don.bowen at earthlink.net
Thu Apr 13 15:47:47 EDT 2006
At 4/13/2006, you wrote:
>Just like the unemployment rate. "See how much lower it is than it was in .
>. ." Yeah, because they changed the way they figure the rate. *Real* rate
>is twice what they give!
What they use is the "Employee Participation Rate." This is the the number
of people considered employed or actively looking for work. This does not
count those discouraged, those who have not found something within thier
skill set and interests, etc.
Another number that is manipulated beyond usefulness is the Consumer Price
index or CPI. It is next to useless for seeing the real rate of
inflation. Instead many economists use the difference between the Gross
Domestic Product (GDP) and the M3 money supply. The M3 is all the money in
the us, cash, checking accounts, funds, loans, reinvestments, etc. Well
since it tells a tale the feds stopped reporting the M3 in March.
Don Bowen Awl Knotted Up
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