Post Tagged with: "GDP lies"

December 17, 2013 05:35

Hiding the Decline with Unemployment Rate Myth

“USA is in for a prolonged period of sub par growth and very high annual deficits.” – Bruce Krasting

August 21, 2013 06:09

No Economic Growth Except from Higher Deficits

No recovery, just deficit spending to cover up failed economic policies.

April 30, 2012 06:25

Real GDP Growth is 0%

“Once again the BEA has used “deflaters” that will strain the credibility of the public, especially if they buy gasoline. To correct the “nominal” data into “real” numbers the BEA assumed that the annualized inflation rate during 1Q-2012 was 1.54%.”