“Everything Is Awesome!” is the title of a recent Politico piece on the American economy by liberal Michael Grunwald. And although it’s not followed by LEGO song lyric “Everything is awesome when we're living our dream,” some would say he certainly is dreaming.
Much like the children’s movie Grunwald seems to be quoting, the author opens his piece with what many would say is pure fiction, writing, “Good news! The U.S. economy grew at a rollicking 5 percent rate in the third quarter.” Yes, that’s what the Commerce Department’s Bureau of Economic Analysis now tells us; what it’s not telling us is that the rate is the result of creative accounting. In fact, it’s a cooked figure that was predicted by Zero Hedge’s Tyler Durden six months ago.
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