GDP is a bad measure of an economy's health for a host of reasons. It is also a measure that is easily manipulated by the government employees who put it together. As an example of just one way it can easily be influenced, one can take a look at how nominal GDP is converted to [...]
Tag archives for GDP
The Claude Rains’ Gambit Is Needed Once Again
Time for more of the nobody-could-have-seen-this-coming mode in Washington. The economic recovery proclaimed in June of 2009 was a bad joke, a bit of Orwellian double-speak. Now, despite the greatest squandering of wealth in history, the truth of our situation begins to seep into even the government-manipulated statistics. Here are a couple of links from Drudge: [...]
The Non-Recovery In Advance of A Depression
For anyone who believes that there has been an economic recovery, go buy the Brooklyn Bridge. I’m sure there are thousands who would be willing to sell it to you. There will be no recovery until the economy crashes and rebuilds from the ashes. There is too much debt outstanding can never be repaid and [...]
Living Beyond Your Means Ultimately Means Living Beneath Your Means
The deterioration of this nation’s economy is truly mind-boggling. What we experience today is an outgrowth of several decades of misguided economic policies. Current economic policy is even more misguided than those that led us to this point. So, too is the regime uncertainty that surrounds facing economic actors. Productive people have targets painted on [...]
How Stupid Can We Be?
When you watch this video, if you were unaware of the problem, you likely will be enraged. If you want to know why our economy is stalled and will begin to regress (GDP declining, the standard of living going down and incomes shrinking), take a look at this video. We say we have a financial [...]
Member Login
-
Recent Articles
-
Popular Tags
- America American American Thinker banks Barack Obama Ben Bernanke Bernanke Business Collapse Constitution country Depression dollar Economic Economic Collapse Economics economy Election Europe Fed Federal Reserve Federal Reserve System gold Government Great Depression Greece Humor Hyperinflation Inflation Insolvency Investing markets Obama political politicians Politics President QE State taxes U.S United States US video Washington
-
Recent Comments
-
RChavez:
I never expect that I will find a very touching vi... -
HappyinHowell:
Nothing here for me, either... -
Mr Misno:
Even this comment will be filed someplace. Scary... -
Marsha:
Did I miss the article?... -
Brian Wilson:
MP Many thanks for the kind mention. Reknow... -
Steve:
Obama is the rat as he stood down military interve... -
Larry Crouse:
It is too bad and shamefull that the rest of the c... -
Brian Wilson:
Tweet of the Week: WH spox says changes to Bengha... -
Monty Pelerin:
Bob, Sorry, I think you got caught up in my testi... -
Bob Snyder:
Didn't take me long at all to forget both login na...
-
-
Most Commented
- The Country Is Over (48)
- Obama's Inner Lenin Invoked in Desperate Re-Election Strategy (29)
- 2010 will be a watershed election (28)
- You Won't Build That! (28)
- About (27)
- What are Your Thoughts? (20)
- A Psychologist Analyzes The President (19)
- Why Don't People See? (19)
- Our Patrick Henry Moment is Here (18)
- An Optimist's Version of Apocalypse Now (17)
Recent Favorites
-
by Monty Pelerin on April 26th 2013
-
by Monty Pelerin on April 18th 2013
-
by Monty Pelerin on April 5th 2013
-
by Monty Pelerin on April 1st 2013
-
by Monty Pelerin on March 27th 2013
-