[meyer]

I call shenanigans.

What are they using for “unemployment rate”? The government rate based on unemployment claims or the actual proportion of able-bodied adults that are not working but want to work?

Second, is the personal consumption adjusted for the local cost of living? A 3 bedroom ranch in Mississippi costa a LOT less than the same house does in New York. If they don’t adjust for local costs, then the income and consumption numbers mean nothing.

[alexander_busek]

Second, is the personal consumption adjusted for the local cost of living? A 3 bedroom ranch in Mississippi costa a LOT less than the same house does in New York. If they don’t adjust for local costs, then the income and consumption numbers mean nothing.

Bingo!

Regards,

[kidd]

Business Insider is consistantly leftist. Borders on propoganda. On a par with Yahoo news.