Mr. T Posted February 8, 2012 Report Share Posted February 8, 2012 Illusion Of Recovery – Feelings Versus Facts: The last week has offered an amusing display of the difference between the cheerleading corporate mainstream media, lying Wall Street shills and the critical thinking analysts like Zero Hedge, Mike Shedlock, Jesse, and John Hussman. What passes for journalism at CNBC and the rest of the mainstream print and TV media is beyond laughable. Their America is all about feelings. Are we confident? Are we bullish? Are we optimistic about the future? America has turned into a giant confidence game. The governing elite spend their time spinning stories about recovery and manipulating public opinion so people will feel good and spend money. Facts are inconvenient to their storyline Source Link to comment Share on other sites More sharing options...
Mr. T Posted February 8, 2012 Author Report Share Posted February 8, 2012 The economy is still sleeping on Main street. The number of small businesses is still under since Obama has taken office. Link to comment Share on other sites More sharing options...
MLD Woody Posted February 8, 2012 Report Share Posted February 8, 2012 .... sigh.... .... fantastic source.... ... sigh... Link to comment Share on other sites More sharing options...
Pumpkin Eater Posted February 8, 2012 Report Share Posted February 8, 2012 Do you not want to see an economic recovery? Link to comment Share on other sites More sharing options...
Mr. T Posted February 9, 2012 Author Report Share Posted February 9, 2012 Do you not want to see an economic recovery? How about a recovery that is not fabricated. Go ask your neighbors and folks around town, while your at it go sit down at the local barbershop and see if people are just back to work or if they are earning more money than they were 4-6 years ago. Link to comment Share on other sites More sharing options...
Mr. T Posted February 9, 2012 Author Report Share Posted February 9, 2012 .... sigh.... .... fantastic source.... ... sigh... You like graphs? Not only is real unemployment at Depressionary levels, but those that do have jobs are falling further and further behind. Wages have gone up less than 2% in the last year and have been rising at an annual rate below 3% for the last four years. According to our friends at the BLS, inflation has risen 3% in the last year. This is almost as ludicrous as their unemployment rate. Anyone living in the real world, as opposed to the BLS model world, knows that inflation on the things we need to live has been rising in excess of 10%. It is a fact that if you measure CPI exactly as it was measured in 1980, at the outset of our great debt inflation, it exceeds 10% versus the fake 3% reported without question by the MSM to a non-thinking public. A poor schmuck making the median salary of $25,000 who gets a 2% raise thinks he has $500 more to spend when in reality he has lost $2,000 of purchasing power. Federal Reserve created inflation is an insidious hidden tax that destroys the 99%, while enriching the 1%. WOW! They even mention that only the 1% are the only ones earning more money. You would think that all of you occupiers would be jumping all over the band wagon with this information. Link to comment Share on other sites More sharing options...
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