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To: TigerLikesRooster
In fact, an increasing number, some 61 percent, say they don't expect to return to their respective pre-recession lifestyles until the spring of 2014, if ever.

Well, good. It was their pre-recession lifestyle that led to the post-pre-recession mess we're in now, isn't it?

Liberalism is stupid.

4 posted on 06/04/2011 8:16:11 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle

The ‘pre-recession’ lifestyle was simply borrowed money. If you count the interest on the assets, there was nothing gained.


24 posted on 06/04/2011 9:01:32 AM PDT by griswold3 (Character is destiny)
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To: Texas Eagle

At the rate that Obama & the Fed are debasing the currency it might not be possible to emerge from this “Recession” using the same tried & true methods. We simply don’t have the ability to borrow if the dollar ceases to be the world’s reserve currency.

Obama’s borrowing spree to bailout his friends is certainly to blame for drawing out this economic malaise. That & the hazy picture presented by Obamacare.

People need to remember that the Depression didn’t really kick-in until a few years after the 1929 Stock Market crash. IOW’s Hoover AND FDR’s policies made things much, much worse than they ever had to be.


35 posted on 06/04/2011 10:26:47 AM PDT by Tallguy (Received a fine from the NFL for a helmet-to-helmet hit.)
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