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1 posted on 06/03/2003 12:45:03 AM PDT by sarcasm
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To: arete
ping
2 posted on 06/03/2003 12:45:39 AM PDT by sarcasm (Tancredo 2004)
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To: sarcasm
Okay, but I have just one question: If it's really true that adjusting them monthly rather than seasonally leads to fewer needed revisions (and presumably therefore more accurate numbers in the first place) why is this a problem? I would guess that the old seasonal adjustments were partly done that way because it took a while to compile the statistics. With the growth of information technology, it seems plausible that the task would be getting easier and quicker. So what exactly is this rant about, anyway?
3 posted on 06/03/2003 1:34:09 AM PDT by Brandon
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To: sarcasm
And so it is going ahead and doing the unthinkable - creating more "seasons" than even God needed.

Minor nitpick: While a number of time units are based on natural cycles (and thus arguably "God given"), like day, year, month, etc., the four "seasons" are purely a man-made distinction.

We could just have easily have decided to divide the year into two seasons (e.g. "Hot" and "Cold"), or six (e.g. "Hot", "Muggy", "Chilly", "Cold", "Thawing", Sprouting"), or any other number.

There's nothing "God given" about four seasons.

4 posted on 06/03/2003 1:52:13 AM PDT by Ichneumon
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To: sarcasm
I thought that the numbers were cooked enough but obviously they were only half-baked. Now, they will be totally baked.

Richard W.

5 posted on 06/03/2003 4:56:15 AM PDT by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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To: sarcasm
bttt
6 posted on 06/06/2003 10:26:15 AM PDT by Tauzero
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