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Home1st Qtr GDP (-2.9%) Turns Corner, Goes Off Cliff
Posted by Larry Doyle on June 25th, 2014 9:38 AM |
Are you sick of being lied to?
Virtually every economist and political pundit came into 2014 touting this year as being the one in which our economy turns the corner. Well, in the first quarter of the year I guess we did turn the corner . . . and in doing so ran right off the proverbial cliff.
How could so many be so wrong by such a wide margin in assessing the health and projection of our economy? I will tell you: when the virtues of truth, transparency, and integrity are subjugated to such an extent at the behest of the financial, political, and regulatory ruling triumvirate, we fail to get a fair and honest reading as to what is really going on in our economy, let alone our nation. (more…)
