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John Williams: GDP, govt stats are BS!

November 18th, 2011

Are published government economic statistics meaningless? Reality-facing economist reveals the invalidity of using GDP (Gross Domestic Product) as a legitimate measure of the US economy’s health. Misleading unemployment numbers are also attacked. Is there an agenda behind using these faulty indicators or is it just ignorant tradition?

Heroes of Freedom!

	The U.S. Soldier First and foremost, the U.S. military men and women are always the most important heroes in protecting our freedoms. (More)
	Law Enforcement Most policemen and other law enforcement do a great job of protecting our freedoms every day. Trustworthy cops are critical. (More)
	Thomas Jefferson A founding father and political genius who valued states’ rights and a strictly limited federal government. (More)
	James Madison Father of the Constitution, Madison sought to protect individual rights from the tyranny of the majority. (More)
	Judge Andrew Napolitano The brilliant and courageous Judge Napolitano may be the most effective preacher of the message of real freedoms in America today. (More)
	Ron Paul Very Libertarian-type Republican Ron Paul is back and more popular than ever because the neo-con/RINO-dominated GOP has failed us! (More)
	Peter Schiff Peter Schiff is the libertarian economist who accurately predicted the problems we now face. Here is economic wisdom. (More)
	Glenn Beck Provocative and controversial, Glenn draws much hate from the left, while calling out the cowards ruining this country. (More)
	Alex Jones I don't buy most of Jones' conspiracy claims, but he is doing some good stuff and has the supreme courage to say what he feels and believes! (More)