[WOSG]

Saying “depression” and “no turnaround” are two distinct things. It appears we are in an “L” shaped economy, with weak recovery off a low base, but multiple data points show higher activity in Q3/Q4 than Q2, so ‘the bottom is in’ and to call this a ‘depression’ is overstating things. Your own experience/ points do not contradict that view and even if you see things weaker than others that does not mean other parts of economy aren’t past the bottom. In other words, your own anecdotes are not determinitive of whole USA.

[LibLieSlayer]

Give it six months and we shall see... I hope that I am wrong but 36 years experience tells me otherwise.

LLS

[LibLieSlayer]

I shall revisit this with you after a few more months of this hell. Happy New Year... at least happy in the things that really count... because there will be no economic happiness. Crap and traitors, amnesty, health care socialism, Bush tax cuts expiring, all financial activities being taxed... increased income taxes at the State and Federal level, increasing deficits that can never be repaid, new users fees at the State and local levels and fines and mandatory insurance... yep... there is so much going on in 2010 to heal a dying economy. I saw Santa Claus too!

LLS