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More Misleading Official Employment StatisticsBy Paul Craig Roberts (Page 3 of 3 pages) Become a premium member to see this article and all articles as one long page. 2 comments
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How has real Gross Domestic Product recovered when jobs and real consumer incomes have not?
These are among the many questions that go unasked and unanswered.
Statistician John Williams says that the economic recovery is a statistical illusion created by deflating nominal GDP with an understated measure of inflation.
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Paul Craig Roberts Social Media Pages: 
Dr. Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration. He was associate editor and columnist with the Wall Street Journal, columnist for Business Week and the Scripps Howard News Service. He is a contributing editor to Gerald Celente's Trends Journal. He has had numerous university appointments. His books, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is available (more...)
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