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[Homestead] Shadow statistics - inflation, GDP, etc.
- From: bob ford <bobford79 AT yahoo.com>
- To: homestead AT lists.ibiblio.org
- Subject: [Homestead] Shadow statistics - inflation, GDP, etc.
- Date: Sun, 16 Nov 2008 06:12:06 -0800 (PST)
John Williams keeps track of official government statistics and how they
would look if not for changes made in the method of computing the statistics
( alot of the changese were made during Clinton administration, so it's not
like thwe changes are going back to the '20s):
This is some of his numbers and there is a link to go to his site, anyone can
visit a good bit of the site with no subscription..............
------------------------------------------------------------------------
Shadow Government Statistics released a double-issue newsletter this weekend.
Consumer price inflation: 12.9% - fedgov lies say 4.9%
Unemployment: 15.8% - officially 6.5%. He also reports
impossible biases in monthly employment figures in 11 out of the past 12
months, resulting in 678,000 jobs lost but not acknowledged.
GDP: -3.27% - officially +0.81%. He notes that
GDP figures are "the least meaningful and most heavily massaged of all major
government economic series.
Published by the BEA, it primarily has become a tool for economic propaganda."
http://www.shadowstats.com/alternate_data
- [Homestead] Shadow statistics - inflation, GDP, etc., bob ford, 11/16/2008
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