But...but...but, I thought Robert B. Reisssshhhhhhhhh AH said that white guys weren’t going to get any of the “shovel ready, stimulus jobs”.
Even Robert Reich turned against teh Obama administration this week.
http://robertreich.blogspot.com/2009/07/when-will-recovery-begin-never.html
“Personally, I don’t buy into either camp. In a recession this deep, recovery doesn’t depend on investors. It depends on consumers who, after all, are 70 percent of the U.S. economy. And this time consumers got really whacked. Until consumers start spending again, you can forget any recovery, V or U shaped.”
“My prediction, then? Not a V, not a U. But an X. This economy can’t get back on track because the track we were on for years — featuring flat or declining median wages, mounting consumer debt, and widening insecurity, not to mention increasing carbon in the atmosphere — simply cannot be sustained.
The X marks a brand new track — a new economy. What will it look like? Nobody knows. All we know is the current economy can’t “recover” because it can’t go back to where it was before the crash.”