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  • From: Don Bowen <don.bowen AT earthlink.net>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Debt growing faster than admitted.
  • Date: Thu, 13 Apr 2006 12:47:47 -0700

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
http://www.braingarage.com

My travel journal
http://www.braingarage.com/Dons/Travels/journal/Journal.html





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