Steve Wynn: Economic recovery ‘pure fiction’

Las Vegas icon says don't believe government stats on jobs, inflation

by LEO HOHMANN 

One of America’s most astute businessmen, known for having expanded the Las Vegas strip of resort hotels and casinos in the 1990s, says the U.S. remains mired in an economic funk and any talk of a broad recovery is “pure fiction. A lie.”

Steve Wynn,  the 73-year-old founder and CEO of Wynn Resorts, made the comments in a televised interview with Jon Ralston of PBS’ “Ralston Live.” He opened the Wynn Hotel and casino in Macao, China, in 2006, and is known as an international gaming and casino magnate.

Media Accepting Obama’s Spin on the Economy

Another excellent article from Trevor Loudon's Blog, New Zeal

Media Accepting Obama’s Spin on the Economy

Submitted by Terresa Monroe-Hamilton on February 24, 2015 

By: Roger Aronoff

With as many lies and distortions that proceed from this scandal-plagued administration, one might think that mainstream reporters would turn a skeptical eye toward another one of President Obama’s carefully crafted narratives. Each narrative is designed to push “progressive” policies or to cover up administration mismanagement. But our corrupt media reflexively cheer whenever the leftist agendas for amnesty, Obamacare, climate change, and economic regulation are mentioned. Add to the list of official narratives the hyped state of the economy, the successes of which cannot fail to be championed because they reflect on the viability of the current President’s policies.