[LibraTango]

Prediction-
Beginning January 21, 2009 most lamestream media reports describing the US economy will be positive. You will see consumer confidence rebound, spending will increase, unemployment will stabilize and fall, and a self-fulfilling prophesy will ensue. So much of this current crisis was “manufactured” in the media that since the fix has always been in , it will continue in so much that a recovery will also be manufactured. Short term of course.
Remember-sell in May (2009) and go away. JMHO

[lonestar67]

I have that strong apprehension as well.

I think we fail to conceive how thoroughly hoodwinked we are by the media.

Its also difficult to conceptualize the economic impact of gasoline that is nearly 1/3 the cost it was 18 months ago. That is a huge mutliplier back into the economy.

I do not want Obama to get credit but there are some factors in the mix that make rebound probable.

In some ways, if he raised taxes it would nip the growth in the bud and make him look really bad.

[Cementjungle]

Beginning January 21, 2009 most lamestream media reports describing the US economy will be positive.

Yes indeed.