We are 100% SCREWED!!!Submitted by takeaction on Sun, 12/27/2009 - 04:37
Was reading this article from the founder of Shadowstats.com. Very interesting.
Do you believe everything the government tells you? Economist and statistician John Williams sure doesn't. Williams, who has consulted for individuals and Fortune 500 companies, now uncovers the truth behind the U.S. government's economic numbers on his Web site at ShadowStats.com. Williams says, over the last several decades, the feds have been infusing their data with optimistic biases to make the economy seem far rosier than it really is. His site reruns the numbers using the original methodology. What he found was not good.
To continue this great read...click the link.