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Wednesday, May 14, 2008
US Government Economic Statistics Are a 'Con Job'
Jesse's Café Américain: US Government Economic Statistics Are a 'Con Job':
CNNMoney.com Wednesday May 14, 10:37 am ET
By Chris Isidore
"But they just managing our perception of inflation. Its for our own good. Its the least costly most efficient way of fixing all our problems. We can just pretend they do not exist.
'Through clever and constant application of propaganda, people can be made to see paradise as hell, and also the other way round, to consider the most wretched sort of life as paradise.' Adolph Hitler
Americans are feeling a lot more economic pain than the government's official statistics would lead you to believe, according to a growing number of experts. They argue that figures for unemployment and inflation are being understated by the government.
Unemployment and inflation are typically added together to come up with a so-called "Misery Index..."
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