Robert Reich has the facts and figures to back up his assertion that we are on the way to a so-called double-dip recession. Those even bolder would say we never got out of the last recession. On this point I posit the average American would heartily agree. Those still bolder (and more informed) can point to statistics showing the Great Depression never ended, that times only really improved when the country entered into a war mobilization and that the ensuing military-industrial complex never went away. That is to say, the economy has been artificially pumped-up ever since the 1930's.
However that may be, there is no doubt a major propaganda campaign is underway to have the American people convinced that prosperity is just around the corner. But by the simple exposition of the consumer confidence numbers, Reich explodes this brazen campaign, deflates the aggrandizing balloon, and brings everyone back down to earth. His is a much-needed corrective. Thank you, Robert Reich.
http://robertreich.org/post/4218613020
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