Lies, Damned Lies… and Statistics: The U.S. Economic Reports

Written by Dene McGriff

Continued from page 1

Greenspan andrepparttar Federal Reserve continue to act confused about what is happening. They giverepparttar 146176 impression of trying their best to keeprepparttar 146177 American economic engine on track. He assures us that inflation is under control, thatrepparttar 146178 housing industry just has a little “froth” in it, but thatrepparttar 146179 economy is growing soundly at a 3.5 to 4 percent clip.

So canrepparttar 146180 United States continue to have massive budget deficits, massive trade deficits and continue to lose productive capacity to other countries and still berepparttar 146181 great consumer nation ofrepparttar 146182 world? Are we looking at a mere slowdown or something worse? We, as Americans, are an optimistic people with such faith in our country, and if past performance is any judge, reason to continue to have great faith. The question is, have changes been occurring right under our nose without our even knowing about it? Has there been a massive cover up to keep us inrepparttar 146183 dark?

So let’s look atrepparttar 146184 American government’s reporting onrepparttar 146185 economy: inflation, growth, unemployment, cost of living indices, etc. Let’s see how reporting has changed overrepparttar 146186 years in order to hiderepparttar 146187 real situation fromrepparttar 146188 public and experts alike.


Inflation is one ofrepparttar 146189 most important indices there is. Inflation representsrepparttar 146190 hidden tax we all pay. Sincerepparttar 146191 beginning ofrepparttar 146192 Federal Reserve in 1912,repparttar 146193 value ofrepparttar 146194 dollar has fallen by 95 percent. In other words $50,000 in 1912 would berepparttar 146195 equivalent of a million dollars today. Is there anything you can think of that makesrepparttar 146196 post-war house in Los Angeles that sold in 1950 for $5,000 worth a half million today, or

Due to space limitations we ask that you followrepparttar 146197 link below to seerepparttar 146198 rest ofrepparttar 146199 article.

Freedom, Independence. What Does it Mean to You?

Written by Barbara Mascio

Continued from page 1

Submitted by Arlene of FL President Kennedy saidrepparttar following in 1962: Few nations do more thanrepparttar 145960 United States to assist their least fortunate citizens--to make certain that no child, no elderly or handicapped citizen, no family in any circumstances in any State, is left withoutrepparttar 145961 essential needs for a decent and healthy existence. In too few nations, I might add, arerepparttar 145962 people aware ofrepparttar 145963 progressive strides this country has taken in demonstratingrepparttar 145964 humanitarian side of freedom. Our record is a proud one--and it sharply refutes those who accuse us of thinking only inrepparttar 145965 materialistic terms of cash registers and calculating machines. Are we stillrepparttar 145966 same country? Think about it.

Submitted by Frank of TX We are free to breathe. Well, only if you don’t mindrepparttar 145967 fact thatrepparttar 145968 air we breathe these days is full of contaminants put there as a result of industrialization with profitrepparttar 145969 main concern over environmental safety.

Submitted by Joseph from IL Thomas Paine said in 1791, "The duty of a patriot is to protect his country fromrepparttar 145970 federal government." Our first President, George Washington agreed. He said, "Government is not reason; it is not eloquence; it is force! Like fire, it is a dangerous servant and a fearful master." I fear we’ve lost control andrepparttar 145971 servant is not our government (as it was intended) but werepparttar 145972 people are now servants to them. Fearful master indeed.

Submitted by Stephen of OH I was a child during World War II. I remember thinking that I hopedrepparttar 145973 war would continue long enough for me to joinrepparttar 145974 army and fight for my freedom. Now, as we appear to be repeating history, I wonder if maybe we should learn that freedom can be best held through learning tolerance and letting go of fear and hate. The struggle for freedom, aroundrepparttar 145975 world, always seems to be centered inrepparttar 145976 energy of conflict and only ends when one side concedes. Who will berepparttar 145977 brave trusting sole (or country) to say, no more killing for freedom sake?

Submitted by Agnes of FL Medicare, Medicaid and Social Security dollars are money that you and I have supported through payroll deductions. I say, if you want to receive these benefits, and then continue supporting this. If you do not want these benefits, let us haverepparttar 145978 freedom to invest this same money on our own. We would promise never to apply for benefits and if we mismanage our money, then so be it. But I would like to haverepparttar 145979 freedom to ask forrepparttar 145980 right forrepparttar 145981 government to trust me with my own finances. Givenrepparttar 145982 debt of our country now (you are aware that we’re borrowing money from China just to operaterepparttar 145983 administrational functions of government) I think I can balance my checkbook a bit better than a politician. But will we ever takerepparttar 145984 stance that we are wiser than politicians?

Submitted by Eleanor of OH Freedom to me is to followrepparttar 145985 accepted rules of society. That is to say, work and support ones’ family, educate your children, care forrepparttar 145986 elderly and frail, teach people how to dorepparttar 145987 same without crippling them with handouts and that my children should be able to capitalize on my efforts, ending up with a better life than me and their children building on this success and so on. My son and daughter-in-law and their two children are now living with us, my son holds a PHD and cannot find work. Clearly, they do not haverepparttar 145988 same freedoms as I have enjoyed all my life. He has a job offer now, but it will take him to Japan. It breaks my heart, but he has a family to feed and this company in Japan is offering him something that he cannot find withinrepparttar 145989 United States.

Submitted by Howard of FL I would like to hearrepparttar 145990 truth along with allrepparttar 145991 facts supportingrepparttar 145992 truth about how our tax dollars are being managed. Freedom requires decisions. Decisions cannot be made if you are held hostage by sound bites and misleading data. I sense that we are in real trouble here inrepparttar 145993 states, but how does one truly know?

Submit your Words of Wisdom by visiting

Advocate for Seniors, founder of Senior Approved Services, a National Network of Products, Services, and Resources Endorsed by Seniors.

    <Back to Page 1 © 2005
Terms of Use