Why The Economy Feels Worse Than The Data Says
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I've been saying it for a while—we're in a stealth recession. The job numbers are misleading, the economy is weak, and government statistics are sugar-coating the truth.
Why? Because inflation is understated in the CPI and the GDP deflator. That lets the government make a shrinking economy look like it's growing. But if you live in the real world, you’re not fooled.
Video Length: 00:00:48
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