The Recovery, Unemployment, and Earnings Are All Based on Fraud and Accounting Gimmicks
by Phoenix Capital Research
ZeroHedge.com
02/27/2015
For six years, we’ve been told that the US economy is in recovery.
This is a totally bogus narrative that was dreamt up by the Central Planners running the Fed. Remember the “green shoots” craze of 2009. It was BS. The US economy is a disaster and has been since 2009.
The bean counters in Washington fabricate a load of nonsense to “prove” otherwise, but telling someone who is 5’6” tall that they are actually 6” tall doesn’t change their height.
Similarly, telling Americans experiencing a REAL unemployment rate of 10+% and an underemployment rate in the high teens that the economy is “recovering” doesn’t change their real-world experience.
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