Re: NY POST on US Statistics ruse

2000-03-05 Thread Brad McCormick, Ed.D.

"Ray E. Harrell" wrote:
 
 Good to see you back.
 
 Ray
 
 Steve Kurtz wrote:
 
  I couldn't quickly determine which date this appeared, but it seems
  recent.
 
  Steve
 
  CPI REPORT DID NOT
  INCLUDE ENERGY COSTS
  By JOHN CRUDELE
  NY POST
 
  Did Washington eliminate the rising price of oil from
  the last Consumer Price Index?
[snip]

Yes, we have been having *LOW INFLATION* lately.  

It seems to me that really
means that falling energy prices (and, I would also speculate(sic!):
food production prices, and probably the prices of other
"raw materials"!) have been *falling* so that the *increase*
in prices for production and distribution and advertising
and policing and so forth... of everything has been OBFUSCATED!

Voodoo economics (along, of course,
with psycho-physics!) is the most advanced exact rigorous
mathematical science, and appropriately deserves funding
instead of such dead pseudo-sciences as Marxism and 
Husserlean phenomenology!

It seems to me that *real* low inflation would be where
energy prices and prices paid to farmers and to
raw materials producers of all kinds were *rising*,
and, still, both the Producer and Consumer price
indexes were steady (and, of course, both those indexes
included all significant factors)!

We are living in good times!

+\brad mccormick

-- 
   Let your light so shine before men, 
   that they may see your good works (Matt 5:16)

   Prove all things; hold fast that which is good. (1 Thes 5:21)

Brad McCormick, Ed.D. / [EMAIL PROTECTED]
914.238.0788 / 27 Poillon Rd, Chappaqua NY 10514-3403 USA
---
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NY POST on US Statistics ruse

2000-03-04 Thread Steve Kurtz

I couldn't quickly determine which date this appeared, but it seems
recent.

Steve

CPI REPORT DID NOT
INCLUDE ENERGY COSTS
By JOHN CRUDELE
NY POST

Did Washington eliminate the rising price of oil from
the last Consumer Price Index?

If you have a car, you know that the price of gasoline
has beaten up the family budget in recent months.
Homeowners who heat with oil haven't missed that point
either. In fact, the fear is that every industry from
airlines to the makers of widgets will try to pass on
their energy-cost increases to consumers in the months
ahead.

[snip]

See the rest at http://www.nypost.com/business/25545.htm



Re: NY POST on US Statistics ruse

2000-03-04 Thread Ray E. Harrell

Good to see you back.

Ray

Steve Kurtz wrote:

 I couldn't quickly determine which date this appeared, but it seems
 recent.

 Steve

 CPI REPORT DID NOT
 INCLUDE ENERGY COSTS
 By JOHN CRUDELE
 NY POST

 Did Washington eliminate the rising price of oil from
 the last Consumer Price Index?

 If you have a car, you know that the price of gasoline
 has beaten up the family budget in recent months.
 Homeowners who heat with oil haven't missed that point
 either. In fact, the fear is that every industry from
 airlines to the makers of widgets will try to pass on
 their energy-cost increases to consumers in the months
 ahead.

 [snip]

 See the rest at http://www.nypost.com/business/25545.htm