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Davidson: Obama White House Lying to You

Davidson: Obama White House Is Lying to You

By: Julie Crawshaw

Author, investor and longtime Wall Street observer James Dale Davidson says our government is lying to us: There is no genuine economic recovery happening.

“I think what we have seen … is a simulated recovery which has been generated by the government faking it in a lot of different ways,” putting out what he calls statistical falsehoods on economic numbers “to make it seem that the economy is stronger than it is,” Davidson told Newsmax.

For example, calculations for the recently released unemployment figures released failed to include the fact that the Bureau of Labor Statistics had undercounted the number of unemployed people in 2009 by 824,000 persons.

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