Lies, damned lies, and government statistics

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	Lies, damned lies, and government statistics

AinzF

6-4-2008 5:12 PM

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tags:

economy, economics, statistics

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/60a48926-471c-479d-9323-94614dbf8416/F1ACC517-8C07-4C01-B97C-15F3307BBB49/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.marketoracle.co.uk/Article4945.html" href="http://www.marketoracle.co.uk/Article4945.html" style="font-size: 11px;">www.marketoracle.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketoracle.co.uk/Article4945.html"><P><SPAN class="error"><STRONG><IMG width="80" height="78" align="right" alt="Best Financial Markets Analysis Article" src="http://www.marketoracle.co.uk/../images/silver_star.gif" /></STRONG></SPAN>“Every single release of late has afforded both bulls and bears the chance to grab onto data to support their view of the economy, but it does not do a whole lot for those in search of clarity.” </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketoracle.co.uk/Article4945.html"><P>As the cost of everyday items like food, education, medical expenses, energy, gasoline etc continues to rise rapidly, more and more citizens on Main Street are beginning to question the Government's sanitized, massaged statistics for CPI, GDP and unemployment. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketoracle.co.uk/Article4945.html">“China's government is nothing but a thief and a liar...They cheated us to put money into the stockmarket and then took all our money away.” Another was quoted as complaining “The only function of the market is to take money from the masses, to suck our blood.”</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.marketoracle.co.uk/Article4945.html"><P>“Globalisation was not meant to be like this – a frantic race to the bottom where the devil takes the hindmost.” Carl Mortished, The Times, 15 May 2008. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F1ACC517-8C07-4C01-B97C-15F3307BBB49/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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