Numbers don’t lie, but they can tell different stories. America’s 4.9 percent unemployment rate in August was near historic lows, for example, but last year wages for the average American worker (adjusted for inflation) fell for the first time in a decade. Gross domestic product grew by 3.3 percent last quarter — the 15th quarterly increase in a row — but median household income remains below what it was in 1999. Corporate profits grew by 6.9 percent in the second quarter, but bankruptcy filings were also 12 percent higher than in the same period last year, when household debt reached a record high. And so on.
http://www.nytimes.com/2005/10/01/opinion/01contributorintro.html?th&emc=th
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