Thursday, May 16, 2013

"Barbra Streisand" Inflation and Economic Numbers

Unemployment went up "unexpectantly" as Instapundit notes.  So, I went there and looked at the numbers they're claiming.  Ridiculous.

quote:
The number that most economists were watching was Thursday’s CPI report. Consumer prices slipped 0.4% in April because of a sharp decrease (8.1%) in gasoline prices. Food prices rose 0.2%. CPI increased 1.1% over the last 12 months, the smallest 12-month increase since November 2010. Core CPI – which excludes volatile items like food and energy – inched up 0.1%. The core rate has risen 1.7% over the last 12 months.
Core CPI only up 1.7% in the last 12 months?  No way Jose.  That number is higher than that.

It's like the unemployment numbers.  The numbers are as low as they are because so many people aren't looking for work anymore.  They're being paid to sit on their ass, actually.

There's a huge, huge credibility gap with the government and the media.  When they get caught with their hands in the cookie jar like they have, for them to turn around and say stupid stuff like this must mean that they are going to continue to depend on deception to maintain themselves in power.

I saw Chris Matthews on video blaming all the scandals on racism.  It's starting.  They're circling the wagons.

No comments: