What The Media Isn't Telling You About Our Economy
John Lott / Fox News
Judging from the media coverage, you might think that our economy was improving. You’d be wrong.
The truth is that the slowest recovery on record appears destined to set even more records for slow growth. That’s not good news for President Obama. And more bad economic news hit him this past week. Here’s a short list of indicators:
– Slow GDP growth: GDP rose at an annual rate of just 1.25% during April through June, barely keeping up with the growth in population. The economy has been getting slower and slower since the end of last year.
– Durable goods orders plunged 13.2 percent in August.
– Median household income has actually fallen. Income has dropped from $53,718 to $50,678 since the “recovery” started in June 2009.
Read more: http://www.foxnews.com/opinion/2012/10/01/what-media-isnt-telling-about-our-economy/#ixzz284zPyHR8
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Whistler Blowers, Insiders
What the media may never tell you about:
/religion/2012/08/thousands-of-christians-trapped-in-syrian-village-2443420.html
I’m afraid GDP growth is based on how much money Helicopter Ben can pump into the market to inflate our blues away. The next big crash will be caused by the endless pumping of QE money. We should all be nice and poor by then…
Why media is known as MSM. Man having sex with man?