Rumors about a big data conspiracy persist

The reader (the conspiracy thinker) writes: “Where is this being reported? The heck of a unique doesn’t chart real corporate earnings growth. Shhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhous). But all one has to do is search for “corporate earnings” (5 secs) and then a suitable deflator. I use the PCE shrink tool, and I get the following graph in FRED, which I download:

The URL for this graph is here.

Let me just say, Fred is unequivocally gorgeous.

Incidentally, this same commentator earlier asserted that the government did not provide real average wages or income data in a timely and/or accurate manner.

This entry was posted on by Minzy Chen.

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