Political Memes and Funny Pictures
Hey, We Should Also Put Government In Charge of Health Care 🙄
Message of the Day
Social Media Posts of the Day
I Wonder Who Is Going to Be Paying for Those $170K Salaries? 🤔
Government Economic Indicator Propaganda
Wholesale Prices Rose More Than ‘Expected’ in July
Did you ever notice the government can NEVER release some benchmark economic indicator without tweaking the components or manipulating the presentation? For example, for unemployment, they only count working age adults who are actively looking for a job. You rarely hear in the media the actual workforce participation rate, number of total jobs, number of people working multiple jobs, etc. As for any inflation rate, they usually omit certain numbers; for example, food, energy, housing, or health costs. Gee, I wonder what Americans are spending the majority of their budgets on? 🙄 Read the fine print of any rates or graphs you see in the media. They can never give you straightforward measures. Items like smart phones will be used in aggregate calculations to bring down average overall rates. Smart phone prices are dropping as people wait for new models or spend a larger portion of their budgets on other luxuries like, you know, food, gas, housing, and health care. And as I’ve pointed out many times on this blog, they always quote rates rather than total increases. So if your housing costs have doubled under Biden, you should totally celebrate that they only increased by a few percent last month. 👍
Quote of the Day
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