The international Energy Agency is astonished that the oil industry continues to produce at record levels, despite predictions there would be production cuts.

According to a Boston University economics professor who specializes in generational accounting, U.S. agencies are intentionally deceiving the public into believing that the federal government is not absolutely broke.

Many economists claim not only that huge U.S. trade deficits are good things for America, but that they can prove it logically. Well, they are somewhat correct.

The employment report from the Labor Department on Friday was hailed as more evidence that the worst from the Great Recession is now in the rear view mirror, and receding. But the numbers are deceptive, and if we continue exporting jobs via so-called free trade agreements the economy will get worse.

Reality and politics in the Windy City rarely collide in the same sentence, but that Chicago's fiscal problems are becoming too big to ignore.

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