Orwellian Doublethink: Collapse Is Recovery
Wednesday, September 22, 2010
When the National Bureau of Economic Research announced, after much deliberation apparently, that the economic recession ended in June, 2009, it was as if the news were broadcast from some other planet. It is Orwellian DoubleThink at its finest, where a compartmentalized think-tank uses some off-world calculus to come up with a conclusion that flies right in the face of observable reality and real-world experience here on Earth.
Here are just a few of the key stories of the week for those who prefer real analysis to pure propaganda: