Thursday, August 22, 2013

Real Economic Snapshot

America's economy, once the most robust in the world, is shrinking.  That's a fact but it is largely unrecognized because the reality is masked by inflationary data that are constantly jiggered.  See the cold hard truth here.

Also, the past week's unemployment numbers came out this morning and the number of jobless rose more than had been anticipated.  The number also is higher than last week's even after the prior week's number had to be adjusted upward from what had been reported previously.   

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