Letters to the Editor

Letters posted here are associated with the following article:
Are we in a recession or not?
The president's top economic advisor says all's well, and Wal-Mart reports decent April sales. But a closer look at the data shows that the economy has been steadily slowing since January.
Andrew Leonard [2008-05-08]
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  • Are We Sure It's Not?

    Here's the thing: our inflation numbers don't count the price of energy or food. Those prices have been rising much faster than the general inflation rate. I think it's reasonable at this point to say that the actual inflation rate is currently under-reported. Further, I suspect a "total" inflation value would more than erase the growth rate.

    Regardless, what is most definitely not happening is a normal growth rate.

    -- Pyrian
    [Read Pyrian's other letters]
    Thursday, May 8, 2008 05:14 PM

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