The latest Gross Domestic Product number revealed unexpected weakness in the economy by the government and mainstream economists, so guess what? The government is just going to change how they calculate the GDP to make the economy look bigger.
Now research and development will be counted in the GDP as investments rather than be written off as expenses. Especially troubling is that this means that research conducted by the government on how to make better weapons will now be counted in the GDP as an investment.
The GDP was already a dubious method of measuring economic growth but now it has become nothing more than a pathetic propaganda tool used by the U.S. government to lie about the real condition of the economy.
Peter Schiff breaks it down in the video:
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