Greenspan: Patron Saint of America's Affluentocracy »

Posted By populist 1 year, 4 months ago in News

WASHINGTON - OCTOBER 18: Alan Greenspan, former chairman of the Federal Reserve speaks at a reception to celebrate the 20th anniversary of The International Economy magazine October 18, 2007 at the Hay-Adams Hotel in Washington D.C Jean-Claude Trichet, president of the European Central Bank, was honored as 2007 policymaker of the year. (Photo by Tom Brown/Getty Images)

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Prop it 71 Drop it

Already six to nine months into the recession, government leaders are still telling us that it is just a period of slow growth, a pit stop in this economic race that we'll eventually win, so worry not, my friend. That explains to us what "garbage numbers" government is using to rose-color the state of the economy in terms of growth, unemployment and inflation. We are probably the most lied-to people by their government on the planet, at least among presumably developed and educated nations.