View Single Post
  #20 (permalink)  
Old 05-23-2006, 11:36 AM
cygnus's Avatar
cygnus cygnus is offline
Joint Chiefs of Staff Member
 
Member Since: Jun 2004
Location: Washington D.C.
Posts: 1,091
Default Re: The Dying Dollar

Quote:
Originally Posted by trailblazer
But these statistics don't come from the Federal Reserve; they're from the BLS. Aside from which, what makes you so sure that either methodology excludes output from overseas factories?Again, nothing on their site (that I could find, at least) on their methodology.
the first graph is in deed BLS.
The second graph explicitly states that the source is the board of govonors of the federal reserve system. They use the census's annual survey of manufacturers which only surveys domestic manufacturers. It is data created by surveying individual plants and manufacturers in each state and aggregating into a nationwide picture. So they are clearly not counting output from US owned foreign factories.
__________________
"Liberty is not a means to a higher political end. It is itself the highest political end - Liberty is the only object which benefits all alike, and provokes no sincere opposition - The danger is not that a particular class is unfit to govern. [I]Every class is unfit to govern[/I]. - Power tends to corrupt, and absolute power corrupts absolutely." - Lord Action