So how is the sausage made here in the good old US of A?
That's an interesting question, and the rabbit hole goes deep indeed. The indices that track the economy - unemployment rate, CPI inflation index, even the very size of the economy itself - all have been changed over time. Ever wonder what inflation is, if we tracked it like we did in the Bad Old Days of Jimmy Carter? Every wonder how Carter's "Misery Index" (inflation plus unemployment) compares to Obama's?
Hard to compare, because the past is always being changed.
Shadow Stats tracks this sort of thing. I won't spoil your fun by telling you the respective misery indexes*, so head on over.
We forget everything. What we remember is not what actually happened, not history, but merely that hackneyed dotted line they have chosen to drive into our memories by incessant hammering.* OK, I lied. Carter index = 21%, Obama index = 26%.
- Aleksandr Solzhenitsyn, The Gulag Archipelago