To: goods
I don;t see how the economy is going to turn around rapidly with unemployment up and consumer spending down. Am I missing something?
17 posted on
08/02/2011 2:17:48 PM PDT by
meatloaf
To: meatloaf
They’ll keep the balls in the air as long as possible, trying to keep things afloat, mostly trying to keep the gubmint checks going out.
They’ll probably keep sending them out even after banks refuse to honor them.
20 posted on
08/02/2011 2:19:50 PM PDT by
MrB
(The difference between a Humanist and a Satanist - the latter knows whom he's working for)
To: meatloaf
But don't you understand? An excess of unemployed and undertrained workers with upside-down mortgages are the very
key to recovery! Especially if they live in a hyper-regulated economy with declining wages, a shrinking private sector, a devalued currency, and escalating taxes.
Alice got more honest information from Humpty Dumpty.
23 posted on
08/02/2011 2:27:58 PM PDT by
andy58-in-nh
(America does not need to be organized: it needs to be liberated.)
To: meatloaf
Maybe the thing you're missing is that this was Kudlow's forecast for 2010. Check the date on the article.
25 posted on
08/02/2011 2:29:47 PM PDT by
FredZarguna
(I say, I say, that's a, that's a JOKE son. A Joke.)
To: meatloaf
Am I missing something? The date of the NRO article.
To: meatloaf
Well, the thing is, there are a lot of folks sitting on a lot of money, paralyzed by fear of higher taxes and regulations in the future. And you can’t blame them, what with the redistributionist in chief railing against “the rich” every day.
If somehow these Marxists can be beaten back, you could see an avalanche of economic activity.
53 posted on
08/02/2011 4:11:07 PM PDT by
mtrott
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