Skip to comments.Let's All Embrace the V-Shaped Recovery
Posted on 04/11/2010 4:13:41 AM PDT by expat_panama
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--except we need to remember that our goal is truth and reality, and not some vain effort to convince those who're delusional by choice.
larry is a moron. He’s the type of person that gives capitalist a bad name. If you’re a believer of capitalism, theres no way you could believe any of the current policies can lead to prosperity. Capitalism is a economic philosophy. You either believe it or you don’t.
Let's begin with the March employment numbers recently released by the Labor Department. Those numbers were solid. People say small businesses are getting killed by taxes and regulations from Washington, but the reality is thatthe small-business household employment survey has produced 1.1 million new jobs in the first quarter of 2010, or 371,000 per month. If that continues, the unemployment rate will drop significantly.<./b>
THIS number from the BLS is completely made up. It is the BLS best GUESS. There is NO way to accurately measure this number. What Larry is arguing is "trust the Government". Sorry we know better. Given Obama's regimes past history of inflating the initial numbers then quietly adjusting them downward later in the month, it is utterly foolish to take any of their numbers at face value.
The great zero is claiming his policies are causing the improvement, such as it is.
His policies, in reality, are going to tank the economy in a big way. We’ve got to look past the end of our noses and see what’s coming if we allow the great zero and congress to persist in their economic folly.
Central economic planner do not work. Government can certainly mark alot of problems by printing ALOT of money which gives illussion of prosperity. Apparently Larry rather the illusion that reality. As long as Maddoff is conning ppl and they still believing they’re geting insane return, then all is fine. To Larry, the problem are ppl who’s trying to tell ppl Maddoff is not a conman. He rather live in the illusion
Of one other thing to ask Larry. Considering the billions of dollars being written down by corporations right now to pay for Obamacare, just how long does he think this “v shaped recovery” going to last?
True, and the point here is that we've got to be honest enough to see our noses first.
“my conservative friends who seem to be trashing the improving economic outlook — largely, it would appear, to discredit the Obama administration.”
I heard him say this on his radio show last week. Quite frankly, it didn’t pass the sniff test or have the ring of truth then, and it doesn’t now, either.
great pic and very apt. You’ll be sent to room 101 for that thoughtcrime.
is that why so many businesses are closing, almost weekly, because we are headed to recovery?
I don’t know who this moron is, but he sure isn’t much of an economist. Obama butt bot is more appropriate.
Why do these creeps always come out of the wood work ...
By asking how long it will last, you're saying it exists. That's good.
What about default? If we can’t avoid default then it doesn’t matter what the shape of the recovery is right now.
its time to buy rice, ammo and toilet paper... Svckers rally... Yes, that’s a ‘v’ in suckers ;)
I see reading comprehensive is not one of your strengths. Try reading it again.
The slope of the right side is near flat. There is an upward trend but the slope value is small.
It is similar to a hockystick, not a v. :}
Every one goes off the rails from time to time. Writing delusional pieces is the way it happens. Most regimes send the media to the gulags to purify the species. Maybe this is how they try and avoid the the enviableness.
As the lies pile up, I read only the real data and reports, draw my own conclusions. It’s far easier to spot the lies that way. The books they are a cooking, and eventually the truth is not able to be hidden anymore.
yes, I know who Kudlow is ... And ignore him for the most part. Handing out fiat money to free loaders does not a sustainable economy make -— All the two bit tin pots who have gone before, have proved that point. And a short real video from Venezuela today, would show you in a few short minutes slavery still hasn’t been perfected.