Thursday, September 17, 2009

U.S. Economy Inflates But Does Not Inhale

I guess they coughed before the lungs expanded.

This explains itself, readers.


"Manufacturers post new gains; Economists see signs of recovery in output figures" by Christopher S. Rugaber and Jeannine Aversa, Associated Press | September 17, 2009

WASHINGTON - Output from the nation’s factories, mines, and utilities posted widespread gains in August, possibly signaling that manufacturers are leading the economy toward a recovery.

In a further dose of good news, inflation remained essentially nonexistent, as prices scarcely rose last month....

Well, if PRICES ROSE (no matter how scarcely), then THERE IS INFLATION, right? That MEANS a LOT to the UNEMPLOYED and OFF the ROLLS who COUNT PENNIES on a DRESSER TOP!!!! What an INSULT!!!!!

--more--"

Is the paper and government just deficient in math skills, or.... ??

Liars, right? Yeah, we all profited from the bailout, yup.

Yeah, I guess the MILLION a WEEK the GLOBE LOSES is SCARCELY a LOSS!

That's why the NYT bent them over.

"August retail data feed a tempered optimism" by Christopher S. Rugaber, Associated Press | September 16, 2009

WASHINGTON - Gasoline sales increased 5.1 percent, as prices at the pump rose....

But I'm sure they SCARCELY ROSE, sigh.

A report from the Labor Department, meanwhile, signaled that the still-weak economy is keeping inflation in check. Wholesale prices rose 1.7 percent in August, more than double what economists expected.

Well, then INFLATION is TWICE AS BAD as they THOUGHT then, right?

--more--"

Readers, what this REALLY MEANS and what the MSM is OBFUSCATING in its "REPORTING" is that the DOLLAR is DROPPING like a WTC TOWER on 9/11!!!

It is NOT INFLATION, but DEFLATION of YOUR DOLLAR because of the TRILLIONS in BAILOUT LOOT PUMPED IN by the FED!!! That is what the BAILOUT BOUGHT YOU, America -- a WRECKED CURRENCY!

When YOUR DOLLAR is WORTH LESS things COST MORE -- something the MSM seems INTENT on OBSCURING!!!!