Factories flex muscles post storm, inflation subdued

“The Labor Department said on Friday its Consumer Price Index dropped 0.3 percent last month as a sharp decline in gasoline prices offset increases in other areas. It was also the largest drop since May and followed a 0.1 percent gain in October.”

Spin rule #17: When it suits your purposes break down numbers to ensure they reflect what you want to say. If later, that formula doesn’t continue to show what you want, change back. Your audience won’t remember what you displayed in the previous month. Be sure to add random meaningless comments about metrics throughout to ensure ongoing confusion.

“In the 12 months to November overall consumer prices increased 1.8 percent, the smallest increase since August. That compared to October’s 2.2 percent rise…”

Spin rule #38: When you don’t want someone to dig too deeply, put a bunch of metrics up that don’t make any semblance of sense but may appear to make some sense. Your audience won’t know whether they are right or you are, and they will be too embarrassed to question you about it in case they are wrong.

–Taken from “How to destroy the world in 142 easy steps: Leveraging the media” — GS/BO Publishing

How does the saying go? Don’t trust a statistic you haven’t fabricated yourself?

All that money pumped into the system and the prices don’t go up? If it’s true, it just means people don’t spend it. Is there a reason to be happy about that? Or should we rather wonder what’s really going on?

Better not.

It’s not hard to get a big inctrease in production when 75% of the factories in your local area have been shut down in the last 30 years.

But I digress.

Deflation is good — next year’s top movie about UnGreed staring Ron Paul.
Only in America.

There are reports, you will not read them here at reuters or NBC, or ABC, or CBS, that employers are already sending out warning memos to employees about mass lay-offs on Jan 1, happy new year (at the same time the 99 week extension ends). Does this explain the sudden surge in production? It does to me. Get it while you can.

IF you add 1% this month, but lost 1.1% last month, your net is slightly negative. How is that good? To any mathematician, it’s not. But then, with an unimpressive worldwide math standing for the U.S., who’s concerned? Better to add to the house of cards than to notice its weakness.
ANY inflation figures that do not take into account changes in the most widely used categories is NOTHING more than fiction. In case you haven’t noticed, those imaginary figures are simply another way for the

Not to pick nits, but output was down 0.7 percent in October, not 1.0 percent.