Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

US economic growth is all an illusion
New York Post ^ | Nov. 6, 2014 | John Crudele

Posted on 11/06/2014 5:59:26 PM PST by Paul R.

... What Harwood and the rest of the folks who rely solely on Washington’s mainstream thinkers and Wall Street boosters for their information don’t realize is this: The economy isn’t really doing what the statistics say it is doing.

Our nation’s economic statistics are nipped and tucked, massaged, managed, fabricated and dolled up.

In short, our statistics are wrong and Main Street folks know it.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: economy; growth
Navigation: use the links below to view more comments.
first 1-2021-24 next last
We have at least a couple Freepers who argue the Gov't stats ARE accurate. Comments from any or ALL?
1 posted on 11/06/2014 5:59:26 PM PST by Paul R.
[ Post Reply | Private Reply | View Replies]

To: Paul R.

Having seen some of the data manipulations it is clear that actual unemployment is double or more, and that a majority of jobs being created in most states pay half or less than what the unemployed individual was originally making


2 posted on 11/06/2014 6:06:36 PM PST by rstrahan
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.

Had to laugh at Obama’s claim yesterday that our economy is about the strongest in the world right now - true, mainly becasue the rest of the world is pretty much in the dumpster, especially Europe whiach has about a fifty year headstart on the redistribute-the-wealth policies Obama is trying to impose on us......


3 posted on 11/06/2014 6:06:47 PM PST by Intolerant in NJ
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.

Those are probably the same FReepers that insisted the economy was in PERFECT shape back during the later part of 2007... ROFL!

Everyone that voiced obvious concerns was either a “doom and gloomer”, an “idiot”, or whatever...

I wish I’d bookmarked their posts. LOL


4 posted on 11/06/2014 6:08:07 PM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.

I can’t think of anyone that I know who lives better than they did when they were kids growing up. Everyone seems to have less money, smaller houses, worse jobs and more economic stress. Closet Marxist Democrats have slowly eaten away at the middle class.


5 posted on 11/06/2014 6:09:46 PM PST by purplelobster
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.; All
 photo 128276_600.jpg

Help FR Continue the Conservative Fight!
Your Monthly and Quarterly Donations
Help To Keep FR In The Fight !!


Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!


6 posted on 11/06/2014 6:10:43 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.

There is a very simple solution.

It is truly, very simple.

Unfortunately, neither party seems to want it to happen.

What is the answer: HIRE MORE AMERICANS, FOR JOBS HERE.

Stop buying everything imported.


7 posted on 11/06/2014 6:12:26 PM PST by Cringing Negativism Network
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.

Wall Street and Washington DC are having boom times but at the ground troop level the only thing we see growing in this economy are prices of the things we need to sustain life.


8 posted on 11/06/2014 6:18:35 PM PST by Iron Munro (“EARBOLA” – the nausea one gets when hearing the sound of Barack Obama 's voice)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.

What growth? Feds are counting government handouts in GDP and it’s still less than in 2008.

I’ll be they’re counting being on welfare as a job.


9 posted on 11/06/2014 6:18:50 PM PST by <1/1,000,000th%
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paul R.

I live in Texas and things are much better here than many other places in the country.....my family and those around us feel the pinch of a sluggish economy.

Stagnant wages, food inflation, fuel until recently, property taxes up, insurance rates (medical,home,auto) are up.

I cannot even imagine what others are going through.


10 posted on 11/06/2014 6:25:58 PM PST by servantboy777
[ Post Reply | Private Reply | To 1 | View Replies]

To: <1/1,000,000th%

I can’t wait to see the new health plan rates for 2015 which were held back till after the election.


11 posted on 11/06/2014 6:27:10 PM PST by Ciexyz
[ Post Reply | Private Reply | To 9 | View Replies]

To: servantboy777

Yep. Pretty much what you said.


12 posted on 11/06/2014 6:29:12 PM PST by Liberty Valance (Keep a simple manner for a happy life :o)
[ Post Reply | Private Reply | To 10 | View Replies]

To: servantboy777

What part of Texas are you in? El Paso?

We’ve seen wages go up, fuel down and property taxes actually went down. Everyone we know around us, is doing great...thanks to the Texas economy. I’m interested to know what part of Texas is “sluggish”. Thanks.


13 posted on 11/06/2014 6:29:15 PM PST by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
[ Post Reply | Private Reply | To 10 | View Replies]

To: Ciexyz

Maybe these 2015 health plan rates will be the first nail in 0bolaCare’s coffin.


14 posted on 11/06/2014 6:30:33 PM PST by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
[ Post Reply | Private Reply | To 11 | View Replies]

To: Paul R.

Govt statistics are junk! Nothing coming outta Washington has an ounce of legitimacy any more. Plus, I don’t need the govt or any stats to tell me the economy has been in big big trouble for quite some time.


15 posted on 11/06/2014 6:33:12 PM PST by uncitizen
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jane Long

Montgomery county. Harris and Montgomery counties realized huge tax increases this year. I work for a fortune 50 corporation and they’ve cut benefits to the bone and held wages stagnant for five years now.

If you’ve not gone to the store and noticed food prices up by at least 20%, you’re not the one doing the shopping.

As I mentioned, Texas is doing well, but certain sectors still struggle. Oil industry, until very recent has been booming.


16 posted on 11/06/2014 6:38:48 PM PST by servantboy777
[ Post Reply | Private Reply | To 13 | View Replies]

To: Jane Long

My guess is Houston (ghetto central), Austin (insanity central) or San Antonio (Castro central) or one of the other Progressive bastions.


17 posted on 11/06/2014 6:39:25 PM PST by RetiredTexasVet (Put lipstick on a Communist and call it a Progressive, but it's still a Communist with lipstick.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Paul R.

I like what Buckner has to say.

http://www.glennbeck.com/2013/10/02/david-buckner-explains-why-the-u-s-could-be-on-a-collision-course-for-a-weimar-republic-style-collapse

I saw him on TV once, and he said that people he’s consulted for are ready to jump ship from the US almost on a moment’s notice. I just, well, believed him.


18 posted on 11/06/2014 6:40:08 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cringing Negativism Network

You can’t hire people for jobs that don’t exist.


19 posted on 11/06/2014 6:52:13 PM PST by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Paul R.

stats haven’t been accurate in decades, but much worse recently


20 posted on 11/06/2014 7:19:00 PM PST by GeronL (Vote for Conservatives not for Republicans)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-24 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson