Economic Data – Garbage In…

6 Aug

Garbage Out…The Obama Economy

Logically: “The more we demand, the more waste is generated by that production.” In other words, if one is seeking validation that numbers reported by the BEA are even remotely credible, the best place to turn to is railcar loads of garbage.

…if garbage is the benchmark, the US economy is now contracting faster than it has at any one point in the past 3 years and is on pace to recreate the economic collapse last seen after the Lehman bankruptcy. Perhaps another reason why central planners have latched on to stock markets and will just not let go.

Zero Hedge

https://i1.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/07-2/Waste%20vs%20GDP.jpg

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