04/08/2017

Trump Top Adviser Steve Bannon Attends NSC Meeting One Day After Being ‘Removed’

Penny Starr, Breitbart

One day after what was demonstrably one of the most-covered stories by the media focused on the “removal” of Steve Bannon, President Trump’s top adviser, from the National Security Council (NSC), he attended a council meeting, the Washington Examiner reported on Thursday.

“White House chief strategist Steve Bannon has attended the first meeting of the National Security Council after he was removed from the principals committee Wednesday,” the Examiner story said.

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Keynesian Economics and the Great Depression

Hillsdale College economics professor Gary Wolfram discusses Keynesian economics and the factors that pulled the national economy out of the Great Depression. The story of World War II shows that government spending may produce activity, but not the prosperity of a truly healthy economy.

 

-- Gary Wolfram, Hillsdale College,

Shadow Stats Snapshot


ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    BLS: 4.5%
    Shadow Stats: 22.5%
  • Inflation:
    March Year-to-Year: 2.74% (CPI-U*)
    Shadow Stats: 10.5%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]