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You are currently following ain't no fortunate son
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Too funny, the author and CLH, his constant loyal lapdog, once more ring the same old - same old RNC bell... "everything's swell, what inflation, what recession, what credit crisis?" all the while ignoring the reality of the fact that the BLS - CPI numbers egregiously and intentionally understate inflation (core or headline).
Aug 25 14:26 pm
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All Comments by ain't no fortunate son »Wage-Price Spiral? We're Not Even Close. [View article]
Here's a little rationality to toss a little reality into the mix:
seekingalpha.com/artic...
I think these guys may wish to consider the age-old saying "Denial ain't just a river in Egypt".