September 01, 2022
"Creative Destruction" of America
Guy F. Beebe
We are in a Depression. The real inflation rate has averaged 17% so far this year, when calculated the way it was when it was supposed to actually measure inflation (prior to 1990).
And that means, the real inflation adjusted GDP has lost 10% so far this year.
Double digit loss in GDP? Is pretty much the definition of Depression. And our markets haven't even crashed...yet.
You know, when your government systematically and cynically lies to you about something so fundamental? They're completely out of control. Just think, compounded interest on wage and benefits that are indexed by contract or law on the CPI would have just about DOUBLED wages and benefits in the last 30 years.
You know, you'd think that the Biden Administration would be on the right side of at least one issue in almost two years. Just by accident, if nothing else. But no. And, it is no accident. It takes a team of experts to be wrong on every issue, unfailingly.
And it takes an entire industry devoted to propaganda to keep such incompetence and corruption from being driven out by the rising tide of outrage by a furious citizenry.
Tim adds:
This proves it is intentional and not accidental. They are systematically dismantling the country, no doubt so they can remake it along lines more poleasing to them. They hate America.
We are in a Depression. The real inflation rate has averaged 17% so far this year, when calculated the way it was when it was supposed to actually measure inflation (prior to 1990).
And that means, the real inflation adjusted GDP has lost 10% so far this year.
Double digit loss in GDP? Is pretty much the definition of Depression. And our markets haven't even crashed...yet.
You know, when your government systematically and cynically lies to you about something so fundamental? They're completely out of control. Just think, compounded interest on wage and benefits that are indexed by contract or law on the CPI would have just about DOUBLED wages and benefits in the last 30 years.
You know, you'd think that the Biden Administration would be on the right side of at least one issue in almost two years. Just by accident, if nothing else. But no. And, it is no accident. It takes a team of experts to be wrong on every issue, unfailingly.
And it takes an entire industry devoted to propaganda to keep such incompetence and corruption from being driven out by the rising tide of outrage by a furious citizenry.
Tim adds:
This proves it is intentional and not accidental. They are systematically dismantling the country, no doubt so they can remake it along lines more poleasing to them. They hate America.
Posted by: Timothy Birdnow at
08:17 AM
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1
LOVE the line "It takes a team of experts to be wrong on every issue, unfailingly." And it's so darn true...
Posted by: Dana Mathewson at September 01, 2022 10:25 PM (QlyGH)
2
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Posted by: wooden jigsaw puzzles at September 02, 2022 01:22 AM (i5U5J)
3
Selwyn sure can turn a phrase Dana.
Posted by: Timothy Birdnow at September 02, 2022 08:22 AM (k++Yw)
4
He certainly can, Tim! And he can cut to the chase very quickly.
Posted by: Dana Mathewson at September 03, 2022 10:01 PM (FSK6u)
5
Yep. He's a brilliant man.
Posted by: Timothy Birdnow at September 04, 2022 08:47 AM (82Mq6)
6
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We are in a Depression. The real inflation rate has averaged 17% so far this year, when calculated the way it was when it was supposed to actually measure inflation (prior to 1990).
Posted by: Breitling Replica at June 03, 2023 11:48 PM (SUYyh)
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