Subject: Re: [Homestead] Debt growing faster than admitted.
Date: Fri, 14 Apr 2006 08:16:48 -0700
At 4/14/2006, you wrote:
This is how the slicksters operate, Drew. "They" could mean anybody,
which assures that she'll never be pinned down on the specifics, but
you're expected to substitute "Bushies" upon absorbing the propaganda.
Unemployment and the labor participation rate calculations have been
shifted about since well before the present collection of thieves took
over. Most manipulation started in the 80s and no administration since has
resisted a chance to "adjust" the calculations.
"According to American Economist John Williams, "Real unemployment right
now -- figured the way that the average person thinks of unemployment,
meaning figured the way it was estimated back during the Great Depression
-- is running about 12%. Real CPI right now is running at about 8%. And the
real GDP probably is in contraction."
'In 1999, economists Lawrence F. Katz and Alan B. Krueger estimated that
increased incarceration lowered measured unemployment in the United States
by 0.17 %age points between 1985 and the late 1990s. In particular, as of
this writing (2004) 3 % of the US population is incarcerated. "