For the last year I've been posting information and data which show that the "data" being issued by government agencies regarding the state of our economy were false and misleading giving those who relied on that data and completely distorted picture of reality:
"Here’s why unemployment is higher, wages are lower and growth less robust than government statistics suggest."
"Many in Washington bristled at the public’s failure to register how strong the economy really was. They charged that right-wing echo chambers were conning voters into believing entirely preposterous narratives about America’s decline. What they rarely considered was whether something else might be responsible for the disconnect — whether, for instance, government statistics were fundamentally flawed. What if the numbers supporting the case for broad-based prosperity were themselves misrepresentations? What if, in fact, darker assessments of the economy were more authentically tethered to reality?" - Politico
My own feeling of frustration has finally been vindicated by arguably the biggest purveyor of false information the last few years - Politico! Now that they are "coming clean" after spending huge amounts of effort trying to convince us all not to believe our own lying eyes, that frustration has given way to righteous anger at the stealth shrinkage caused by their data manipulation.
Things are changing fast though.
The revelations coming out of the DOGE about where all our tax money was/is going have enraged a large percentage of working Americans who have spent their lifetimes playing by the rules. We're talking about 60-70 percent of the population here!
"The level of the theft has now to be dawning on everyone not living off the public purse which is, what, 60%, 70% of us? The anger setting in is soul-deep, and very very powerful. People who live straightened lives, the poorly pensioned, those living off the laughable social security stipend, those waiting for health care, those whose children can’t even dream of an education, of college, of a six-figure salary which is now subsistence in the ruined cities. Those facing cancer treatment because of the vaccine, and don’t have excess funds. Their families, despairing, hurting, broke."
Anyone reading this humble blog has heard this all before only now, there's hard evidence that those of us who were shouting from rooftops that things aren't rosy at all were actually wrong: It is WAY worse than we thought!!
How does this affect small business owners?
Well, just think about what the real-world effects will be as this gravy-train unravels and all those government programs stop cutting checks and their employees enter the "real" job market. There will be nowhere to hide from the downturn as the daisy-chain of payments crumbles one link at a time.
"NGO economic impact.
Back of the envelope math.
Grok says there are 12.8 million individuals employed in the Non profit sector and that NGOs (a subset) are speculatively estimated at 6-8 million with an average salary of 60k.
Let’s assume 7 million…so that's $440 billion in annual wages.
There are 133 million full time employees in US so basically NGOs comprise 5% of the work force.
Assume 20% get axed and unemployment goes up 1.4 million individuals.
This will be a GDP headwind in the foreseeable future."
I don't pretend to know how these things will play out; I'm a spectator like all of you my dear friends. Please keep in mind that decades of abuse can't be reversed quickly however, it is critical that the true conditions be revealed in full and publicly before any meaningful change can happen.
