The New Age of Falsity

Via: National Review

We live in an age of falsity, in which words have lost their meanings and concepts are reinvented as the situation demands. The United States is in a jobless recovery — even if that phrase largely disappeared from the American lexicon about 2004. Good news somehow must follow from a rising unemployment rate, which itself underrepresents the actual percentage of Americans long out of work.

At the same time, we are supposed to be relieved that we are in a contracting expansion, where fewer goods and services are proof of a resilient economy. In our debt-ridden revival, borrowing $1 trillion each year is evidence that we don’t have a spending problem.

Read more: here

Advertisements

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s