Our government
Figures don’t lie … so, according to our government, everything is just hunky-dory; the borders are safe, and there’s no inflation at all – it’s just that prices are rising, which show positive and great economic percentages in growth – and it has all the data to back up the claims. The fly in all this pile of government manure is that while figures don’t lie, liars can figure.
Insanity is believing that inflation is a good thing and that liars can’t figure…
It’s things like those that make people distrust government.
It seems that those employed in or working for more government, including in Paris, seem to believe in the stupidity of voters.
The City of Paris budget has increased over 7-percent during the last two fiscal years, and it has added two new assistant city managers to help give away cash (and other incentive tax dollars), while adding litter, letting the weeds grow, allowing telephone poles to injure and kill citizens, and watching too many neighborhoods continue to succumb to blight and decay . . .
The federal boys and girls report National Retail sales (NAICS 44-45) increased 3.1% from $5,402.3 billion in 2019 to $5,570.4 billion in 2020, according to estimates from the U. S. Census Bureau’s 2020 Annual Retail Trade Survey <https://www.census.gov/programs-surveys/arts.html> (ARTS).
Electronic Shopping and Mail-Order Houses (NAICS 4541) <https://www.census.gov/naics/?input=4541&year=2012&details=454111>)// had $888.5 billion in sales in 2020, up 35.2% from 2019. This was the largest year-to-year increase of any industry in 2020.
Other highlights:
* Motor Vehicle and Parts Dealers’ (NAICS 441) <https://www.census.gov/naics/?input=441&year=2012&details=441>) sales decreased 2.4% from $1,237.7 billion in 2019 to $1,208.3 billion in 2020.
* Grocery Store sales (NAICS 4451) <https://www.census.gov/naics/?input=4451&year=2012&details=4451>) increased 9.4% from $694.3 billion in 2019 to $759.7 billion in 2020.
* Gasoline Station (NAICS 447) <https://www.census.gov/naics/?input=447 &year=2012&details=447>) sales decreased sales decreased 16.6% from $513.5 billion in 2019 to $428.1 billion in 2020.
The Census Bureau has been conducting the ARTS since 1952. This survey included 16,500 employer businesses that sell directly to consumers classified in the retail trade sector in the 50 states and the District of Columbia. It does not include data for businesses in U. S. Territories. Firms without paid employees (non-employers) are included based on administrative data provided by other federal agencies and through “imputation.”
The data are published on a North American Industry Classification System (NAICS) <https://www.census.gov/naics/> basis. They are used to benchmark monthly retail sale and inventory estimates each spring used by the Bureau of Economic Analysis (BEA), Bureau of Labor Statistics (BLS) and other federal agencies to develop related products.
According to this data, national retail sales increased by 3.1%, grocery prices by 9.4%, and a decrease in auto sales (2.4%) and gas prices (16.6%).
While the report doesn’t touch it, isn’t it likely that inflation created most of the increases, not value. And consumers made market choices on just what they could afford, and that much of the online and catalog sales came from the politically-inspired Covid19 shutdown?
As sayth the national Democrat Party and the RINO’s in it, “there is no inflation.” The Paris Texas Chamber of Commerce is just wondering, (a) what caused the prices to increase? And (b) how much neighborhood improvement could be accomplished annually by half of what the City of Paris is now paying its administrative staff?
return to the Paris Texas Chamber of Commerce