The latest inflation and GDP numbers from the Trump administration are bogus. Trump’s cherrypicking data and using inappropriate data make the GDP and inflation numbers look good, when they’re actually indicators of a poor economy, especially when compared to other nations that are booming and doing so without inflation (e.g. China). Before we look at …
Tag Archives: economics
Government Is More Efficient and Effective Than Private Enterprise
Many people in the private enterprise system of the USA make lots of money by doing nothing productive, just by shuffling money around. It’s called financialization, and these wealthy financiers (egregious examples: Elchonon “Elie” Schwartz, Steven Hoffenberg (with Jeffrey Epstein), Scott W. Rothstein, Gilbert Chikli,Simon Leviev, Moshe Leichner, David Gentile and Jeffry Schneider, Carl Ruderman, …
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