MORE ON THE 7% SURGE
Manipulating the GNP

From AlterNet:

The GNP is a false measure of a phony prosperity and an irrelevant indicator of America's future. People who care about the future need to look beyond the GNP statistic and ask hard questions about job loss and trade and budget deficits, about increasing economic disparity as the rich get richer, the poor face crises of housing and health care, and middle-income Americans pile up credit card debt; about environmental issues like global warming that are going to cause expensive and socially wrenching dislocation as tides rise and the climate changes.

For more on the misleading economic news, click here.

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