It would be so much easier for them if they could just report on the latest deviations from the Third Five-Year Plan... this capitalism stuff is just too confusing for these journalism majors...
the reason that people are negative is because they know that this recovery is totally UNSUSTAINABLE to use an enviro-whacko term... it is built solely on government spending and debt while the private sector continues to stumble along...
they are just trying to reinflate the bubble at this point rather than fixing the underlying mess, and they are about to raise taxes a bunch at the same time... it can’t lead to growth.
I agree completely. And that bubble is not going to be reinflated no matter how hard they try... The majority of people are already borrowed out. Money lending could be free (it is close to that now) and there would still be few private sector takers.