‘The experts did not see it coming.’ Now, where have we heard this before? Apparently the economy in the United States shrank the last quarter of 2012. From July through September a 3.1% gain was reported. Remember, this was the beginning of our new boom coming up on the 2012 election. And then in the 4th quarter, BAM!, we had a negative growth of 0.1%.
Now what is wrong with this picture? Well, coming up on the election, we hanging out here in reality tried to tell you that the GDP numbers being put out were a lie just like the unemployment numbers are a lie. Then at that the end of the 4th quarter, the books had to be balanced. The 4th quarter consists of October through December, you know, our harvest and Christmas season, the best our economy gets all year. Continue reading “4th Quarter GDP Numbers In – And the Depression Continues”











