The Damage Done by The Media

During the course of this so-called economic “crisis”, personal income has consistently risen faster than inflation (even when normally excluded energy and food inflation was included) and unemployment is, by historical standards, very low.

And yet, real retail sales have slowed significantly and consumer confidence is at near record lows. Why?

The simple answer is that the average American has fallen for the utterly irrational hysteria pimping (aka Obama pimping) from so-called “Journalists”.

Note #1: As long as the green line is above the red line, personal income is growing faster than inflation.
Note #2: The red line (CPI inflation) includes energy and food. Nothing is omitted.
Click the image to enlarge it and view the source data:


The rest of the story is found here.