“The accumulation of data and statistics on wages, jobs, debt and unionization in America this Labor Day 2024 contradicts much of the hype, happy talk, and selective cherry picking of data by mainstream media and economists.
“Those selectively chosen statistics are often contradicted by other government stats that are left unmentioned. US statistics are like the bible… One can find whatever data in it one wants. But selective referencing—while ignoring other data—is a form of lying. And there’s a lot of it going around this Labor Day 2024 by politicians of both parties, with their media complicit, and their crew of mainstream economists in tow.”
Except from Jack Rasmus
Read more in this great article by political economist Jack Rasmus
