No Inflation Friday: The government admits its own statistics are phony:
"When I was a kid, my father earned enough money to support his family with a single salary.
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"When I was a kid, my father earned enough money to support his family with a single salary.
We had a house, a car, an occasional vacation, and we never missed a meal. All on one income.
But those days are long gone. Now it’s almost obligatory to live in a dual-income household just to make ends meet.
The official statistics never paint this picture.
They focus on some palatable number, telling us the inflation rate is 2%, and then adjust their computational methods to derive that figure.
In fact, the US federal government has changed the way it calculates inflation at least twenty times since the mid 1980s.
And it’s obvious that they have a huge incentive to do so.
The #1 expense of the federal government today is the mandatory entitlement programs that are paid out to seniors in the US– primarily Social Security."
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