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To: 2ndDivisionVet

We are in a depression. The reason why the government started adding “transfer payments” (welfare and other gov’t giveaways) and other “newly conceived” items into the GDP calculations was to prevent the GDP from going negative. If you adjusted their figures to back out the newly created items the GDP would be negative for the last year and reflect the Depression.


20 posted on 11/16/2014 5:53:45 PM PST by RetiredTexasVet (Put lipstick on a Communist and call it a Progressive, but it's still a Communist with lipstick.)
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To: RetiredTexasVet
...the GDP would be negative for the last year and reflect the Depression.

That is a brilliant observation! I know they've been lying to us but I had not considered that the growth rate was just another lie. I read somewhere that real income per American has been going down so it would make sense that National output as a whole be negative as well. As much as I'd like to think I'm onto their scams it's annoying to find out they succeeded in fooling me about this.

41 posted on 11/16/2014 7:53:34 PM PST by Nateman (If liberals are not screaming you are doing it wrong!)
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