Economic indicators will continue!
Submitted by jrjacobs on Thu, 2008-02-21 11:19.
Last week, we posted about the imminent demise of economicindicators.gov. Evidently, this news travelled quickly and DoC has decided to continue the site!! Below is the notice from the site:
The U.S. Department of Commerce’s Economics and Statistics Administration (ESA) has decided to continue the economicindicators.gov website. Featuring the economic releases from ESA’s Census Bureau and Bureau of Economic Analysis (BEA), the site was started by this Administration in 2002 to give greater awareness to these economic statistics. ESA initially planned to discontinue the service due to cost concerns but given the feedback ESA received, the decision has been made to continue the site and improve its functionality.A popular feature of the site is the calendar that links directly to economic indicators on the Census and BEA websites. By continuing the Economic Indicators (EI) site, the fifteen major indicators released by those bureaus will still be listed, along with links to the full text of each release. EI’s information will continue to be provided free of charge.
Many users also subscribe to the site and have economic indicators and the full releases emailed to them. There are a number of technical challenges with this aspect of the EI site – the service often backs up and fails because of bandwidth issues, releases sometimes take hours to reach subscribers, and some subscribers receive multiple copies of the releases while others get none at all. The cost of maintaining the site is almost entirely attributable to operating this feature.
To address these concerns we will redesign the subscription feature of economicindicators.gov. The new system, which will remain free of charge, will email an abstract and link so that users can access the full release on the source website. We believe the cost of rewriting the system will, in the long-run, be less than continuing to run the existing system. The new subscription service will be operational in the next few months.
Existing subscribers of the economicindicators.gov service were offered a free trial subscription to the STAT-USA/Internet service (http://www.stat-usa.gov). A number of you have already signed up for that and we hope you will make full use of it.
Thank you for your responses to last week’s notice. We look forward to continuing to provide economic indicators, in the most efficient way possible.
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Hooray! One for the good
Hooray! One for the good guys. Thanks for blogging about it.
Watching Ourselves Go DOWN, or DOING Something About It?
You know, few people evidently are able to glean the truth from "government indicators."
During just the first 7 years of the Reagan Administration in the past 35 years of "growth" for instance, the U.S. descended from "the world's" foremost creditor nation to its most self handicapped debtor. During all this "growth," so much of our former industry could no longer afford to operate here that today less than 10% of Americans any longer work in an industry which actually produces a product. If you told Americans 35 years ago that "sustained growth" would mean so many of our former corporations would be owned and operated by foreign countries, almost any patriot would have replied, "Over my dead body." If you told Americans that China would be taking over American enterprises and debt at the rate of billions of "dollars" a day, they would have blinked at you incredulously. If you told Americans 35 years ago that the price of a $35 K home built in 1963 would be $1 M, and that their children would pay a multiple of that in "interest" for currency produced at no cost whatever, those Americans certainly would have wondered what happened to the concept of paying for our production with an equal measure of our production.
Worse still, if you told Americans 35 years ago that no conduit or principle would exist to rectify all this, they would not be surprised that 10% of Americans would be in immediate, *recognized* danger of losing their homes, while many, many more would be little less jeopardized.
America used to be a country which took fate into its own hands. Against even the slimmest hopes of success, our founders waged their lives, their property and their sacred honor they could and would establish rectitude.
They left us a system by which we can restore rectitude. Do you want to watch us go down, reading the fox's account of the non-disappearance of chickens from the chicken coop? Or do you want to do something about it?
I'm not much for watching, especially if the purpose isn't rectification. Google "Parable of Perfect Economy" if on the other hand you want to save yourselves from a process which can only multiply debt into collapse. The fox is the present obstruction to rectification; ditto for his reports, which call all this "growth."
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