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Actually, I think this report shows that the variances/revisions are honest statistical adjustments. If the books were cooked, they (the current administration) would never let the unemployment number rise in such a hot political climate.
I wonder how they are going to spin this. I would like to be a fly on the w...more
Wow... Everything has to be viewed through a political ideological lens, huh?
This article is mostly based on objective studies and common sense.
Those with more to lose are less likely to risk losing it.
Trial and hardships generally build character; it only makes sense for poorer people to genera...more
I think any sort of substantial resolution to all this leverage won't come until after some sort of collapse. I don't think there is enough political will anywhere in the world for there to be any sort of preemptive, corrective action. Most of the volatility we are seeing in the markets is mostly based on speculation a...more
There are so many unsupported assumptions and giant leaps in logic that it isn't worth the time to address. Economics is such a soft science that you could pull any conclusion out o the air and then go find supporting statistics to back it up.
But do you really think that if countries spend more and don't addres...more