Chapter Eleven. How Are We Doing Economically?

UP UNTIL NOW, this book has focused on issues that are crucially important to individual people and organizations. In this and the next two chapters, the view expands to the nation as a whole. The gravity of these issues also speaks to the future of many countries, including, especially, the United States.

For those who would understand the larger issues, the first rule comes from the first page of the textbook for my long-ago class in Introduction to Statistics: “Remember, figures don’t lie, but liars figure.” The second rule follows from the first: “Don’t believe everything you read . . . or hear.

How are we doing economically? The answer depends in large part on who answers the question. Consider ...

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