All Americans haven’t benefitted (sic) from the growth equally, according to Steven Pressman, a Colorado State University economics professor who focuses on income inequality. …Fox Business now sounding like MSNBC or CNN.
Other than the prime time and morning opinion shows, Fox News and Fox Business are indistinguishable from any other outlet of the Ministry of Propaganda.
They’ve been drifting left for quite a while.
Was it the NBER that reported:
“...All Americans haven’t benefitted (sic) from the growth equally...” ?
SO WHAT?
Is there ANY evidence that ANY “recovery” in all of history EVER effected every single person “equally”? No?
So the “standard” that the NBER tries to use to “prove” that a “good” economy is really “BAD” is itself BOGUS.
So much for calling “economics” a “science”.
Clearly, the “in-breeding” of academic “theories” has led to defective results...