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News Link • Economy - Economics USA

Why the U.S. economy CAN'T “recover”

• Seeking Alpha

Let's start with a definition of “recovery” suitable to the current, economic context: economic “recovery” means the economy is returning to (or “recovering”) a previous level of economic activity. In other words, with an economy which has shrunk by more than 10%, a “recovery” could only be occurring if the economy is already growing.


There is still absolutely no evidence that the U.S. economy is growing. Granted, the propagandists already know that the Treasury Department willreport “economic growth” this quarter – regardless of what is actually happening in the real world. However, contrast this with the extremely cautious attitude of the same “experts” and “economists” when the U.S. economy started its collapse. Despite enormous volumes of evidence showing that the U.S. economy had started a serious collapse, these shameless shills refused to declare a “recession” had started for manymonths after that fact was obvious to the entire world.
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