Sweeping MSM news stories, feature articles and posts, primarily elsewhere in the blogosphere, have formed a perfect storm over the past few days that, IMHO, force the objective observer to comprehensively confirm many themes about our recovery that not only run counter to the conventional wisdom, but also tell us that, essentially, things aren't nearly as good out there as some have been led to believe; yet many are denying these truths, both here and as they relate to primary talking points throughout the Democratic Party. Specifically, I'm talking about:
1.) The reality that focusing upon Gross Domestic Product (G.D.P.) as a meaningful indicator of anything socially or economically of benefit to our country's well-being is a waste of time. Yet, it is the primary focus of many armchair, wannabee economists' claims of economic recovery, even here and now; never minding the fact that our government and hundreds of our leading economists have been (in many cases, inadvertently) misdirecting us for decades into thinking that it's the greatest statistical indicator of our society's health, when nothing could be farther from the truth. (See: "The Rise and Fall of the G.D.P.")