Data are hard to deal with when your vision is on the wrong side of it. Those wanting to claim there is a recovery underway are having just this problem. These people either have no understanding of economics or they believe falsely that they can inflate “animal spirits” with their hyped reports and that will initiate a recovery.
There will not be an economic recovery given the economic policies of this country.
There are innumerable factors responsible for the decline of the US. Only three important ones will convey why the economy is dying:
1. The rule of law and property rights are under attack.
2. Obamacare has raised costs.
3. Government policies have made the dole more lucrative than work.
