Monday, February 4, 2013


Larry Summers speaking at the Pow-Wow of the rich in Davos recently spun a Fairy Tale that in fact was just a big fat lie.  Supposedly he told this fib because he thought that was what they wanted to hear, and perhaps they did.. Because it showed basically that their decimation of the American working man had no effect on the working man..Saying that productivity and wages rose on top of one another and that meaning as productivity went up wages should have, when in fact wages went in the opposite direction.

Of course we are fed the same BS through our MSM but anybody using Google can find that very graph easy enough.  In fact this graph is more daming that just the words for on it you can see wages use to track productivity hand in hand , which all changed around 1980 (thank you Ronnie) .

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