So, now we hear that the government is using very inaccurate numbers when it reports the nations GDP!  This type of incompetence has no excuse.  GDP is supposed to represent the combined productivity and wealth of the nation.  When the US cannot be trusted to report it's own numbers to the world, confidence in our monetary system is sure to plummet.  Think about what we are tell the world.  We are now saying that the US, the country that used to be the world's greatest economy, is so ashamed of what we've done, that we are now lying about our own financial status.  Not so long ago the fed chairman was very vocal about the need to maintain confidence in the us dollar.  Hmmm, think about it a minute.  If you were about to invest in a foreign economy and just go the news that they were lying about their production, would you invest your hard earn assets into that country?  The New York Times ran an article discussing how we are MISREPORTING the US GDP by ignoring the fact that companies are outsourcing work overseas!  OK, so now we know that we are NOT actually producing much of anything and all our jobs are going overseas, but we are lying to ourselves and the rest of the world about our own productivity.  The country is now full people that want to work, but cannot find jobs.  It now seems the real jobless rate may be as high as 17%.  Get ready my fellow Americans.  If you think we are pulling out of this depression, if you are betting financially on a quick recovery you are about to get burned.

http://www.nytimes.com/2009/11/09/business/economy/09econ.html?_r=2&adxnnl=1&ref=business&adxnnlx=1257778806-1tAfXz2HKH0IQ2tIQakAtA