The High Cost of Phony Economics

The Conservative Mind

The Obama Administration is trying to sell a new set of twin narratives The first is that the charges and scandals surrounding his administration are phony, an obvious attempt at deflecting the mounting political damage being done to his excellency. The second is his pivot towards the economy. While there is nothing phony about the abuses of power the President’s administration has been involved in, there is plenty to question about the economic policies being put forth.

The assessment of the current economic situation in the United States and much of the world has been bleak. Nothing that has happened so far this year to really changes that. In actuality, the economic data taken on a whole has been quite discouraging and leads to some unsettling conclusions regarding conditions worldwide.

Some in the media is now catching up on what others have said for awhile, China is in big trouble

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