America just declared the recovery over so you’d better get ready for the double dip

Reuters ^ | 23 February 2010 | John Carney

[2ndDivisionVet]

What so-called “recovery” are they talking about? We are losing 400-500,000 jobs per week, every week! If the U6 number is used, we are already in Great Depression territory, and some groups (youth, black males, etc.) are at historic levels.

[dila813]

I love this " in what the Keynesians would call a “liquidity trap.”" Fools, it is an Obama Fear of Government Trap.

[ProtectOurFreedom]

...people surveyed seem to be good at accurately reading their own economic situation

IMPOSSIBLE! People can't do this on their own. They need government to tell them how they are doing. Why, are people not listening to all the economists who are surprised each month at all the unexpected economic bad news?

[American Constitutionalist]

( America just declared the recovery over so you’d better get ready for the double dip )

In spite of all Obama's, this administration's, and the MSM lies and propaganda, the recovery never happened..

[Deo volente]

The layoffs, tax increases and wealth redistribution will continue until morale improves!

"We'll keep beating you over the head until you tell us you like it!"

[American Constitutionalist]

What's unexpected , is ? that Obama's , Liberal's, MSM's propaganda and lies are not working for them to get this economy towards recovery.

They still got their heads in the sand.




That's why they are so DUMBfounded and scratching their heads.
Surely they are thinking that the people are so stupid and it's the people's fault..
They believe their own lies and propaganda, that simply ? does not work.
They just need to work harder to get their message out, yup, that's the ticket, that's the key, it's the communication that is the problem.... NOT !!!!

[Arizona Carolyn]

He managed to throw in some Bush blame today...

[American Constitutionalist]

What will happen when government can't squeeze any more blood out of a rock ?

It will come to forced rations, confiscation of property and wealth.
The problem is ?
After they can't get more out of the people then what ?

Mandatory government euthanizing of humans ?
Some might think that this is far fetched, but, with the likes of Cass Sustien, with the ideology of forcing people to be sterilized ( forced government sterilization ) how far would government euthanizing be far behind ?

[American Constitutionalist]

" A liberal where I work is not a happy man. He told a co-worker that he got “fooled” into voting for 0bama. He didn’t get fooled because he was already an idiot. "

A lot of Liberals who voted for Obama are saying that now, it's total BS.
It's more like ?
They embraced Obamania whole heatedly, and followed the train over the Cliff.
They knew full well, in the face of warnings, and criticisms and voted for him.
Now that the train wreak is evident, a liberal does what a liberal is... they can't handle the truth, and will never admit they are wrong........

[American Constitutionalist]

" He managed to throw in some Bush blame today..."

It's called ( BUSH Polish ) to keep polishing the turd.

[Pollster1]

Is “bigger than expected” synonymous with “unexpected”?

That's what I was wondering. That phrase was surprising.

[gunsequalfreedom]

People cant spend money they dont have.

You don't have that exactly right. What I think you mean is that...

People cant spend any more money they don't have because their credit card limits are tapped out or the interest rate on those cards is now so high they can barely afford the minimum payment much less speding more money that they dont have.

In other words, Americans are natorious for spending money they dont have. Their credit limits are just maxed out now.

[Kartographer]

Welcome to

Obamaville

Gett’n a head fake,
watchin’ msn’s take;
All of their pundits oozing foul oil.
Clean’n my six gun on my front porch swing.
Felling my blood—
It’s beginnin’ to boil.

Wasted away again in Obamaville,
Searchin’ for a job so I can earn my salt.
Some people claim that Bush is to blame,
But I know it’s Obama’s fault.

There’s no rhyme or reason,
They are all commitin’ treason
With nothing to show but a brand new tax or two.
But they are real beauties,
Despotic duties, how they got passed
I haven’t a clue.

Wasted away again in Obamaville,
Searchin’ for a job so I can earn my salt.
Some people claim that it’s Bush we should blame,
Now I think,— hell with them it’s Obama’s fault.

I blew out my flip flop,
Stepped on a pop top;
Cut my heel, but I just cruise on back home.
Because no medical care will the doctors render
They say there’s little service I can tender
And there’s no need for me to hang on.

Wasted away again in Obamaville
Searchin’ for a job so I can earn my salt.
Some people claim that Bush is to blame,
But I know, it’s my own damn fault.
Yes, and some people claim that Bush is to blame,
And I know because of my vote it’s my own damn fault damn fault.

[Vet_6780]

FR fail

The answer is : K-winter

[timetostand]

the recovery never happened.. <<<<<

And that really is the truth in all of this.
The left has been desperatly trying to put a positive spin on the news because they know what the bad numbers are going to do to them in November! The disparity between reality and the what they would like us to believe is unexpectedly unbelievable!

[unkus]

Exactly right.

[upsdriver]

Economy WILL NOT improve until unemployment (the real unemployment number that include those who are underemployed and/or given up) improves drastically. Until then, I dont care what anyone says, the economy is going to struggle.

People cant spend money they dont have. So that slows down the movement of money which grinds the economy to a halt.

This is economics 101, folks.

And the solution is real tax cuts for all businesses and individuals, not government spending.

[GailA]

When GW was President my CD’s were making 5%...under 0 they are making 1.78%...see my finance man Wed and moving them to something more secure...keep seeing FDIC going broke articles posted...I’m 63 hubby 70 we don’t have much, but would like to have a nest egg should something happen to either one of us. We received NO COLAS in our SS or his Navy retirement, in fact his retirement check was $10.80 LIGHTER due to the tax fiddling 0 did. An now they want to up or Medicare premiums, and Tricare for Life, leaving us less and less money to live on.