Doug Henwood wrote:
Leigh Meyers wrote:
It's hard to build an 'Empire' when everyone is wearing funny hats
and makes $6.75 an hour.
Must... fudge... numbers!
Hey - why don't you do some research for a change instead of just
sounding off?
[Data Deleted]
Oh, I remember - they're just making this stuff up!
Doug
Now we're on the same wavelength! Yes, they're making that "stuff" up,
or to be more precise, a lot of it, perhaps most of it.
Research is more than reciting numbers... It's also verifying the
validity and veracity OF the numbers, especially when they come from
sources (governments, and the apparatchik) that have a vested interest
in 'blue skies and happy times' under their regime... and typically,
under close examination, or in retrospect, those numbers are fudged.
A good deal of the numbers you cited in that link have more 'U.S.
manufacturing' applied to them than the car, refrigerator, or other GDP
boosting item purchased by the American consumer. I know that economists
are stuck to some extent with those numbers, but that doesn't make the
number correct, or correctly and impartially calculated.
My guess? They are just about as accurate as the stated oilfield
reserves of ExxonMobil.
Leigh
http://leighm.net/
