Housing starts up 5.8%, while permits plunge 11.5%
The government cautions that its monthly housing data are volatile and subject to large sampling and other statistical errors. In most months, the government can't be sure whether starts increased or decreased. In April, for instance, the standard error for starts was plus or minus 13%. Large revisions are common.
Actually, the government should have cautioned that ALL its monthly data are volatile and subject to large sampling and other statistical errors. After all, who wants the government to tell the truth when the truth is so depressing.
So here is my explanation of how it really works.
The government employs vast armies of economists and scientists to generate false data. This keeps the criminals off the streets and helps with the employment numbers. Although the government lies about both the crime rate and the employment rate.
The fraudulent numbers help the government brainwash the public into believing that the government is actually aware that something is going on. Not that the government cares. The government will do whatever it wants to do, whether the public approves or not.
If the government is aware that something is wrong, then the government must be doing something to fix it. Unfortunately for the public, the government is actually doing the opposite of what it claims it is doing. The government is doing their best to extend the great depression that we are currently in the middle of. This allows the government to grab more power and pretend that it is for the good of the country. So every time the government does something to extend the great depression, they claim that what they are doing is working, but we need more government intervention to fix the problem.
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