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The New DU. Reply #29: The Economic Propaganda Just Makes Me Sick
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Yavin4
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Mon Jan-03-05 03:41 PM
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| 29. The Economic Propaganda Just Makes Me Sick |
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The whore media does their very best to convince people that the economy is "strong" and "growing", when it hasn't really grown since mid-year 2000. All that has happened to the economy for the past four years is historically low interest rates which has allowed people to refinance their homes and buy and buy and buy.
The best measure of economic growth is JOB CREATION. When corporations are creating real jobs, they're making the statement that they have a long-term faith in the growth of their company.
The only people who are doing well are the people with wealth.
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