There remain a lot of misunderstandings and all-out myths out there about the state of the U.S. economy.
The Bureau Economic Analysis is here to help.
They've put together a presentation (via Barry Ritholtz) to sort through what's real and what's hearsay.
Taxes, debt, offshoring and wages are all covered.
It's pretty eye-opening.
Taxes are not that high.
Spending is up, but not at a record high.
Our debt is way up, but not at a record high relative to GDP.
See the rest of the story at Business Insider
Please follow Money Game on Twitter and Facebook.