Refutation of Economic Illusion

Richard (Rick) Mills Ahead of the Herd Page 1 of 3 As a general rule, the most successful man in life is the man who has the best information Illusions trick us into perceiving something different than what actually exists and the mainstream media is very good at creating them. Currently they have the herd convinced there is an economic recovery underway. We all need to understand that to have a real, and sustainable recovery for an economy that relies on consumer spending for 70 percent of its activity we need to have a jobs recovery. Okun’s Law holds that an economy, it’s GDP, must grow above its potential to reduce the unemployment rate.



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