DavRedf
Well-Known Member
- Joined
- Dec 5, 2003
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Does anyone else get suspicious when they see, "adjusted for inflation" or "seasonally adjusted" or "not taking into account mortgages/school leavers/part itme workers" and all the other tricks that make thier figures mean exactly what they want them to.
Here in the UK they say that the rate of inflation Seasonally adjusted is 1.4%. OK so inflation is 1.4% and the figues say so so how do they arrive at them when prices (not including petrol)
are rising at 2.5%, council tax rose by an average 20% and the base rate is rising so money costs more.
If you take all into account the figues are obviously wrong but our lawmakers wouldnt lie to us so they are "adjusted" or "not taking into account" and the sad thing is most people believe in them.
Still I suppose that is why government has so many culinary accountants in thier employ. TO COOK THE BOOKS.
Include a new group into my list of hang at sight( solicitors MPs) statistitions(spelling?)
David
Here in the UK they say that the rate of inflation Seasonally adjusted is 1.4%. OK so inflation is 1.4% and the figues say so so how do they arrive at them when prices (not including petrol)
are rising at 2.5%, council tax rose by an average 20% and the base rate is rising so money costs more.
If you take all into account the figues are obviously wrong but our lawmakers wouldnt lie to us so they are "adjusted" or "not taking into account" and the sad thing is most people believe in them.
Still I suppose that is why government has so many culinary accountants in thier employ. TO COOK THE BOOKS.
Include a new group into my list of hang at sight( solicitors MPs) statistitions(spelling?)
David