EN — LARRY ROMANOFF — US Economic Statistics: “Unreliable Numbers” — August 08, 2021

 US Economic Statistics: “Unreliable Numbers”

By Larry Romanoff, November 10, 2019

 

The US government and Western media enjoy accusing China of producing unreliable numbers, but it is widely recognised that there are no national economic statistics in the world as deliberately unreliable and misleading as those of the US. Yet one more feature of the Great Transformation was the US government’s innovativeness in fabricating statistics that raised economic misinformation to an art form.

§  Unemployment is more than twice as high as officially stated,

§  inflation more than three times, and

§  GDP less than two-thirds of the published numbers.

§  The same is true with statistics on wages, housing, and more.

Many researchers have published studies demonstrating that the official US economic statistics in nearly all areas are badly distorted to paint a positive picture widely divergent from reality.

As one commenter noted,

“The jobs numbers are fraudulent, the unemployment rate is deceptive, the inflation measures are understated, and the GDP growth rate is overstated. Americans live in a matrix of lies.”

With the compliant media controlling the narrative, few Americans have any idea of the true state of their economy or the personal consequences of these statistical manipulations.

GDP

A MUST READ — LARRY ROMANOFF -- The Next American Revolution? Anticipated Civil Unrest

  

The Next American Revolution? Anticipated Civil Unrest

By    Larry Romanoff

Preparing For Civil War?

US authorities have for decades become increasingly prepared for mass civil disturbances resulting from government and corporate attacks on American society. We can recall that in the early 1980s the Hidden State launched its open war on the middle class by the savage FED-induced recession and the unilateral revocation of the social contract that had existed since 1946. At that time, the US government had already anticipated widespread public unrest, fully expecting mass protests and riots, and had made preparations to deal with them in the form of internment camps. In a real sense, the government had prepared for another civil war.

Like most of the “Great Transformation”, it began during Reagan’s reign with what was called “Rex 84”, an abbreviation for Readiness Exercise 1984, a plan by the US government to detain large numbers of American citizens in case of civil unrest. This master plan involved the FBI, Department of Defense, the Emergency Measures group, the Secret Service, the CIA and altogether 34 government agencies.