Episode 105 Recession or Not, More People Are Producing Less

Summary:Regardless of how the government arbitrarily defines “recession,” it is still a fact that the economy as a whole is producing less goods and services. That it is creating more jobs to produce less product is not a good thing.Additional Reading:The General Theory of Employment, Interest, and Money (Keynes)Economic Sophisms and “What Is Seen and What Is Not Seen” (Bastiat)The Politically Incorrect Guide to EconomicsFree Gift from Tom:Download a free copy of Tom's new e-book, It’s the Fed, Stupid, at itsthefedstupid.com. It’s also available in paperback here. It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.Get even more great content by becoming a Tom Mullen Talks Freedom Supporter at tommullentalksfreedom.com/support. You can sign up there for either my Patreon or my Substack. Like the music on Tom Mullen Talks Freedom? You can hear more at tommullensings.com!