The Second Tier Simulacrum that is the U.S. Economic Recovery

Plato speaks of two kinds of image-making. The first is a faithful reproduction, attempted to copy precisely the original. The second tier is distorted intentionally in order to make the copy appear correct to viewers.

"The Obama administration has been touting the “recovery” of the American economy and yet this recent data seems to demonstrate that the average household is still waiting for some of the benefits seen in the stock market."
"If we are in recovery, why have American’s incomes dropped more during the recovery than they did in the recession? The facts are clear:
Personal incomes fell during the recession by 3.2%.
During the recovery (since July 2009), personal incomes have fallen an additional 6.7%
Personal Incomes Fall Faster and Further During the "Recovery" than During the Recession


Criminogenic-Producing or Intended to Produce Crime and Criminality

"Information on CPCE and the other measures of inflation is available monthly. There’s no reason (that I can think of) why the Fed chose to deliberately omit two years of data that would conflict with the “desired’ conclusion. To me, it looks like the authors manipulated the report."
All bankers are liars. All central bankers are liars and money printers