Measuring the Economy Story aired: Friday, April 25, 2008
The real economy is worse than the numbers say it is, according to
our guest, Kevin Phillips. Phillips argues that the government has
been using increasingly deceptive methods on key statistics like unemployment
and inflation for 40 years, all to make things look better than they
are. Phillips's new book is "Bad
Money: Reckless Finance, Failed Politics and the Global Crisis of
American Capitalism."
Guests:
Kevin Phillips
In order to listen to our archived recordings, you must use the Real Audio Player, available for free at www.real.com
With sponsorship from: The leading developer and supplier of technical computing software in the world.
