Trump’s Fake Economic Data

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 …

Inflation. Why? Not Government Spending.

Corporate greedflation; Corporate profiteering ‘significantly’ boosted global prices, study shows Consider a single consumer. That person is given money by the government. Now he or she goes out and buys something they need. Because they bought an item, did the cost of manufacturing that item increase? No. Because the government gave them the money to …