"George" George@least wrote in message
...


Lies, damned lies, and statistics again.

Profit margins?

Low-cost Chinese goods distort the CPI, then you go ahead and do it
again.

If you'd like to give us the real figures, I'm all ears.

The cost was X dollars per barrel. Dollar was a dollar. Adjustments are
a
fantasy based on conditions which did not pertain at the time. Of course,
liars do figure ... when the outcome suits 'em.

Now the cost of a barrel of oil adjusted for 1897 dollars was ...
meaningless!

Is the comparison perfect? I'm sure it isn't. But to say that the
adjustments for inflation are meaningless is a lie. So, you don't believe
any of the reports regarding a decline in "real" wages compared to 10 or 20
years ago either, right?

todd