During the holidays we kept saying something was seriously wrong with the difference between what the Media was reporting, and what the actual companies involved in the economic transactions were saying. The media were intentionally misleading the broader public by selling positive economic talking points from Progressive Think Tanks of various forms (see Klugman and crew). The Legacy Media, in all its forms, was selling a line of B.S. Now the proof.
WASHINGTON DC - The nation’s economy unexpectedly shrank by 0.1 percent in the fourth quarter of 2012, casting fresh doubt on the strength of the economy recovery.
The new estimate of gross domestic product (GDP) from the Commerce Department marks the first time the economy shrank since it was in the depths of the recession in mid-2009.
The dip came as a surprise to economists. Experts had believed the U.S. would post a modest economic gain of slightly over 1 percent, after logging a 3.1 percent increase in the third quarter. (link)
As we shared back in September the 3rd quarter GDP was a total farce, a fabricated set of completely false economic data points. When people like Jack Welch were pointing it out the media were rabid in their attacks. There was no actual “growth” in the 3rd quarter either, it was all just a guise to cover for the election of Dear Leader.
It really is staggering to contemplate how complicit all the progressive machinations are in their quest to retain the ideological narrative. The media ARE the enemy.