Tag Archives : GDP


Defining Away Economic Failure

Source: http://www.paulcraigroberts.org By Dr. Paul Craig Roberts   Defining Away Economic Failure Redefinition Is America’s Most Powerful Factor of Production   Last week’s government guesstimate that second quarter 2014 real GDP growth will be 4% seems nonsensical on its face. There is no evidence of increases in real median family incomes or real consumer credit […]

Dr. Paul Craig Roberts

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The Junk Science of Modern Macro-Economics

Source: http://bionicmosquito.blogspot.com By Bionic Mosquito   The Junk Science of Modern Macro-Economics   John Mauldin has published another almost-there Thoughts from the Frontline: GDP: A Brief But Affectionate History. I say “almost-there,” because like many of Mauldin’s pieces, he gets almost-there – almost to the truth about economics and economists – without going all the […]


Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated

  Source: http://theeconomiccollapseblog.com By Michael Snyder Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated   How in the world does the government expect us to trust the economic numbers that they give us anymore?  For a long time, many have suspected that they were being manipulated, and as you will see below […]

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Peter Schiff

Snow Job

  Source: http://www.europac.net By Peter Schiff Friday, June 6, 2014 Snow Job   Economists, investment analysts, and politicians have spent much of 2014 bemoaning the terrible economic effects of the winter of 2014. The cold and snow have been continuously blamed for the lackluster job market, disappointing retail sales, tepid business investment and, most notably, […]