The Washington/Wall Street “Recovery” Narrative Is An Endless Tissue Of Lies

If GDP had been deflated over the years with CPI...... that measly 2.3% growth of per-capita GDP since 2007, as crummy as it may appear, would likely be negative. And that explains why so many people – struggling with soaring rents, medical expenses, college costs, etc. – find that their slice of the economic pie has been shrinking since the financial crisis.
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