Factory, price data give hopeful signs for economy

Here is where economics reporting always seems to get it wrong: soft inflation and low interest rates are signs that Fed policy is NOT easy. The Fed’s current policy is still too timid to generate the excess growth needed to return to long term trend.

More nonsense and lies.Last week saw soaring produce prices at my regular supermarket.Bike Nashbar,the largest online bike seller,raised prices on many bikes by over 25%.I don’t know how long govt can issue phony,low inflation reports and get away with it.The fact that Obama was elected President,twice,indicates just how ignorant Americans are.Maybe govt can keep lying and govt worshipping Americans, will just believe it.

Really??? Below is copied and pasted from the end of an article that was on Reuters 1/15

http://www.reuters.com/article/2013/01/15/us-usa-economy-idUSBRE90E0KL20130115

“There were gains in furniture sales, and sales at clothing retailers rose the most since February. While the consumption side of the economy is holding up fairly well, production appears to be faltering.

A third report showed factory activity in New York State fell for a sixth straight month in January, weighed down by weak orders and shipments.”

i’ve noticed that once your head gets inserted in your butt it’s extremely difficult to remove it. we’re going on five years now for the minority.