Tuesday, May 6

Numbers Racket

In this month's Harper's Magazine, Kevin P. Phillips penned an article Numbers racket: Why the economy is worse than we know indicting the United States government for intentional falsification of vital economic indicators for a few decades.

In fact, he speculates a probable causal link between the credit crisis we're now in with this habit of lying. The problem with lying is that you can't stop: one leads to another and another and another, and the longer it goes on, the more severe the consequences once you're caught or reality catches up.

God save America.

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