Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences? The problem lies in biased and often-manipulated government reporting. Obama did nothing to fix the problem other than increase the manipulation to sell his Obammunism. Yes, the problem was built in way before Obama …
“The reality is that we are following virtually the same economic playbook(1929) as we did 80 years ago in dealing with the Great Depression, which resulted in a false recovery, followed by the most painful contraction in U.S. history with a 25 percent unemployment rate,” says Craig Smith, of Swiss America Trading Corp. and the author of “Crashing the Dollar: How to Survive a Global Currency Collapse.”
“In 1929 we decided to borrow, print and spend money that we did not have in order to prompt a ‘recovery.’ It didn’t work then and it will not work now. In my opinion it is going to take not only a credit downgrade, but the potential loss of the U.S. dollar’s Global Reserve Currency status before the proper decisions are made to address the underlying problems.”
The blue line is the real inflation rate, calculated by ShadowStats.com using the old methods. So why the changes, well so the government can lie without lying, technically. I assume your grocery and gas bill is telling you the truth, right?
Posted by tarpon 
