- The Truman Show US Economy: Real GDP Numbers Show -9% Annualized Drop (Activist Post, May 31, 2014):
Watching all aspects of the US economy from outside of the propaganda zone sometimes feels like you are watching The Truman Show.
The Truman Show, for those who haven’t seen the 1998 Jim Carrey film, centered around a completely false town. In the movie everything about the town was fake except for one person, Truman Burbank, who wasn’t in on the plot. In a sense your average person in the US, particularly when it comes to the economy, is akin to Truman. They have grown up inside this completely false environment and don’t even know it is all fake.
Virtually everything in The Truman Show-esque US economy is misinformation and completely skewed in which the creators, the US government, the Federal Reserve and the mainstream media constantly propagate blatantly false and wrong information and the American public, like Truman, have no idea that anything is even amiss.
The latest hilarious plot twist, at least for those of us watching it as observers and not intimately tied into the story, were the latest GDP numbers released showing a -1% annualized rate in the first quarter of this year. Continue reading »