Quote:
Originally posted by eatapeach@Feb 29 2004, 04:13 PM
i can't believe some of the utter horse shit being flung around in this thread. i admit to being a contrarian and not sharing the viewpoint of the mainstream on economic matters, but this is ridiculous.
anyone who uses the current administration's economic numbers to argue any fact is beginning their argument on a false premise. anyone that quotes numbers such as the "gdp" is not only quoting fictitious numbers but ones that don't even mean what most people think they mean.
when some of the best and brightest among us fall for this line of horse shit then what chance do average people have?
don't just recite numbers, look at what the people with real money are doing right now. they aren't buying stocks and counting on growth in america. they are cashing out, taking profits, and taking defensive positions.
do i trust what the government tells me or do i trust what warren buffett, jim rogers, george soros, bill gates and others are showing me?
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Do you have some insight into who manipulated the GDP numbers and when? For example, were they manipulated during the recession of 2001? Were they manipulated by the Clinton administration to show strong growth throughout the 1990s or only by the Bush administration to show current economic recovery just in time for the elections?
Do you know someome over at the Department of Commerce? Maybe in the
Bureau of Economic Analysis itself? Someone who told you that there is a discrepancy between the survey data and the reporting. Please share. This will be interesting.