A Convenient Myth

Here's a letter to the Washington Post:

As if repetition makes what is false factual, Harold Meyerson again repeats the myth that American manufacturing output is declining ("In recession battle, Germany and China are winners," July 1).  In fact, if Mr. Meyerson would visit this link, he'd discover that data compiled by the Federal Reserve show that the inflation-adjusted total value of industrial output is today (May 2010) – despite the fact that we're in a recession – 67 percent higher than...

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Published on July 02, 2010 13:19
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