Jim D

6 Comments

    • Good Chance for More Negative GDP Readings [view article]
      This quarter's chain deflator of 1.1% was so low as to be laughable.

      How can you take these numbers seriously with an inflation figure of 1.1%? In this economy?

      Is there any credibility left for these numbers?

      1.1% inflation this quarter? With a CPI of 7% and a PPI of 14%?

      Puh-leeze.       Aug 03 02:12 AM
    • Odds Are, a Recession Is Coming [view article]
      What if inflation isn't the 1.1% that the official GDP deflator says it is?

      What if inflation is actually, you know, measured accurately?

      What if it was actually closer to the 7% CPI? Or the 14% PPI?

      What would your GDP numbers look like then?

      Would real GDP be down 15% for the year? 20%?

      Would we have had *any* significant growth since the Shrub came into office?

      Garbage in, garbage out - and the inflation number is pretty much garbage.

      Unless someone would like to defend the 1.1% inflation number.       Aug 03 02:08 AM
    • Recession? Not This Year [view article]
      It's only 1.9% growth if you believe the 1.1% inflation number.

      Do you beleive that that was the inflation number? Really? Seriously?

      If, instead, the correct inflation number was, say, 2.5% (which is still about half the CPI number), then the growth was .5%. If, instead, the inflation number was 3% (which seems likely) then growth was ZERO.

      PPI was 14%, remember, so 3% would seem to be a lower bound, wouldn't it?

      Sheesh.       Aug 01 02:22 PM
    • Why the Housing Bill Won't Help the Housing Market [view article]
      Too many houses in the rustbelt, true. And in New Orleans.

      Also Florida, Nevada, Arizona, California (inland), North Virginia, Atlanta, Austin.

      Not sure where the first commenter was posting from, but this is assuredly not a localized phenomenon.       Jul 24 05:20 PM
    • Think Inflation in the U.S. Is Bad? Listen Up [view article]
      So, Vietnam has a 26% inflation, and they're offering 18% interest?

      And that's considered "inflation fighting"? It's not. Not until it's LARGER than the inflation number.       Jul 01 10:21 AM
    • Google, IBM, Red Hat, Sun and the Digistan Connection [view article]
      If only Seeking Alpha had a way to permanently bury future comments from people who've flipped your bozo filter... May 16 10:50 AM
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