At 12:00 PM 3/7/2006, Greg Sevart wrote:
>Long-term unemployment decreased as of the most recently reported figures, 
>labor force participation is up (though down, for obvious reasons, since 
>Katrina) year-over-year, unemployment in general is down to 4.7% (from a peak 
>of 6.3% in June of 2003), and GDP has been positive for the last 17 quarters. 
>Are all indicators pretty? No. But things aren't as bad now as they were a 
>couple years ago.

Uh, yeah... those numbers are made up.  If you calculated GDP, CPI, and 
unemployment the way they were in the 80s, the numbers are a *lot* less 
favorable.  It's like "1984"... 2,000,000 razors were produced this year.  Do 
you have one I can borrow?

http://moneycentral.msn.com/content/P146055.asp
http://www.weedenco.com/welling/lilogo.asp
http://www.gillespieresearch.com/cgi-bin/bgn/

Julian 

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