Friday, June 27, 2014

False Economy Demonstrated In the Govt Data

It's like this...


Purchases of motor vehicles and parts
accounted for more than half of the increase in May, and more than accounted for the decrease in April. 


But those auto businesses are not profitable, certainly not GM, and even if it was, the $300 profit per car they want would be wiped out by the $300 it costs to recall and fix shoddy made cars.

What cannot go on eventually stops.  Guaranteed.

Feel free to forward this by email to three of your friends.


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