The Three Legged Economic Recovery Propaganda Stool

Chart showing new home starts from 1960-2015

The Stock Market and the Inflated/Spun Real Estate Market and Job Numbers The false economic recovery story is based on a rising stock market and positively spun poor housing and jobs data. The media’s spins bad economic data by using words and phrases like “lofty” “robust” “accelerating” and “strengthening” to describe the tepid job and Read More →

Mainstream Media Economic Cheerleading

Mainstream Media Economic Cheerleading Major international media outlets continue to tout the U.S. economy as “solid”, “robust” and “accelerating”. Podcast Summary Intro: 0:00-5:15 Retail Sales Review 5:15-7:10 discussion of the low retail figures in light of the supposed increase that was supposed to happen because of lower gas prices. Consumer spending is approximately 2/3 of Read More →