AlwaysWrite
Addicted Member
Some of you probably believe that various economic statistical indicators are accurate and not misleading.
I could explain in detail how such things as the U.S. unemployment and stock market figures don't even come close to reflecting reality, but such explanations wouldn't be understood by most Americans.
However, it's far easier to put things in perspective with regard to U.S. inflation (cost of living) statistics. According to official government statistics, the rate of inflation for the entire year of 2015 was 0.1 percent. And for the 12 months ending in August of this year, the increase was 1.1 percent.
Now, IN REALITY, can any of you honestly say that your overall cost of living increased only one-tenth of one percent last year?
And the stock market and unemployment figures are just as misleading, though as I said, it would be much more difficult to explain (and for Americans, in general, to comprehend). Certain statistical "information" is released to the American public in order to make people "feel good" ... but most Americans wouldn't feel good if they knew the underlying TRUTH of the statistics that they are being fed.
I could explain in detail how such things as the U.S. unemployment and stock market figures don't even come close to reflecting reality, but such explanations wouldn't be understood by most Americans.
However, it's far easier to put things in perspective with regard to U.S. inflation (cost of living) statistics. According to official government statistics, the rate of inflation for the entire year of 2015 was 0.1 percent. And for the 12 months ending in August of this year, the increase was 1.1 percent.
Now, IN REALITY, can any of you honestly say that your overall cost of living increased only one-tenth of one percent last year?
And the stock market and unemployment figures are just as misleading, though as I said, it would be much more difficult to explain (and for Americans, in general, to comprehend). Certain statistical "information" is released to the American public in order to make people "feel good" ... but most Americans wouldn't feel good if they knew the underlying TRUTH of the statistics that they are being fed.