Wednesday, January 1, 2014

The "recovery" is just another lie

Take a look at this report on the Shadow Government Statistics website:

http://www.shadowstats.com/article/no-438-public-comment-on-inflation-measurement

Consumer Price Index has been reconfigured since early-1980s so as to understate inflation versus common experience:
  • CPI no longer measures the cost of maintaining a constant standard of living.
  • CPI no longer measures full inflation for out-of-pocket expenditures.
  • With the misused cover of academic theory, politicians forced significant underreporting of official inflation, so as to cut annual cost-of-living adjustments to Social Security, etc.
  •  Politicians look to expand further the concept of artificially-suppressed cost-of-living adjustments in current budget-deficit negotiations, through the use of the Chained-CPI (see Special C-CPI Supplement at end of this document).
  • Use of the CPI to adjust retirement benefits, private income or to set investment goals impairs the ability of retirees, income earners and investors to stay ahead of inflation.
  • Understated inflation used in estimating inflation-adjusted growth has created the illusion of recovery in reported GDP.

In other words, Obama ad-Dajjal merely redefined his abject failure to be a resounding success. This is somewhat like Richard Nixon saying he achieved "peace with honor" in Vietnam ... or George W. Bush proclaiming "mission accomplished" in Iraq.

And since Obama ad-Dajjal CLEARLY has done NOTHING to help this nation, we should DEMAND that he reimburse the US Treasury for all those unearned lavish vacations he has taken.

FAILURES and LIES should NOT be rewarded.

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