It’s the msame drum beat from the administration and their media everyday. Don’t believe what you see. Things are getting better!
There is no way the current Fed/Government policies can lead to an economic recovery.
Just in time for Christmas!!!
WoooHooo!!!
My family and I will still not be changing our plans to feast on Hope and Change. I hear it is the delicious and a great calorie conscious alternative to Turkey. I have a recipe that also includes some baked stimulus with a stuffed Taxes and fried Porkulous.
In other news, HR112909 has been hotly debated and is set to pass before T-day. The original version banned the murder of turkeys for consumption during the months of November and December. Thankfully, because of the hawkish resistance and vigorous objection to the freedom stripping bills, republicans have negotiated to have an amendment included that will allow the cooking of turkey if a turkey enters an oven of it's own free choice on Thanksgiving morning between the hours of 7:00 AM and 9:00 AM.
Have a great T-day.
Well at least BO can’t blame Bush for what comes next.
Who cares what they predict. Here was their prediction for 2009.
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February 23, 2009, 12:41 AM ET
Economists Optimistic For 2010 Rebound NABE Survey
The survey of 47 NABE forecasters has the jobless rate rising to 9% by the end of the year. It is currently 7.6%.
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http://blogs.wsj.com/economics/2009/02/23/economists-optimistic-for-2010-rebound-nabe-survey/
Im sure we’ll hear all kinds of great news right before the midterm elections. I doubt any of it will be true though.
Oh, goody! I want me one of them no-work gubmint jobs they gonna be givin’ out!
If you're believing that, then I have some land on a bayou that I can make you a good deal on.
The entire field of economics will be torn down and rebuilt from the cellar upwards.
These Business economists are the heirs to Rasputin, sadly for me as I had career goals to become one. The future will be written with Minsky and Mandelbrot and Taleeb and lesser known academics such as Geoffrey Miller and Richard L. Hudson, and Oliver Morton
The foreign financed stimulus paid for a lot of this good news such as the increase in existing home sales and Cash for Clunkers. Most of the latter went to the economies of Germany, Japan, and S. Korea, and we still have to pay the money back to China. I’ll feel a little more optimistic when the economy can improve without going deeper in debt by borrowing more foreign money to pay for it.