Total Pageviews

Thursday, March 21, 2013

US GDP NOT COUNTING REAL INFLATION AND COUNTING REAL INFLATION:



GDP is barely growing by official US accounting.  But even that anemic number doesn't deflate GDP for gas, education, health care and food costs.  Counting those in - as you can clearly see from the graphs below - and the US has been in a depression for 8 years.  Why doesn't it seem like that?  Well maybe because you're employed - whereas 40 percent of the population is not.

http://floatingpath.wpengine.netdna-cdn.com/wp-content/uploads/2012/09/US-GDP.png



http://www.oftwominds.com/photos2012/college-tuition11-12.jpg

 

No comments:

Post a Comment