When the first nuclear weapons go off on US soil. Probably not long now.
Hopefully before the GOP regains control. If goes after, then of course, they will get the blame.
We are in a recovery. Under the current set of rules put in place by the administration, we are recovering to a much lower level of production than we realize. Then we head back to a recession once it becomes apparent we really do have to repay all this debt.
Could be?
Then what are we experiencing presently, a bang zoom recovery financially?...
When the dems claimed under GW Bush that it was the worst economy since the depression, it stuck and the GOP paid the price in 2006 and 2008. It was clearly NOT true but it sold and it had serious consequences.
The GOP should be eligibl;e to say the dems incorrect response to a recession has turned it into a depression. This is true, yet I expect most GOPers will be reluctant to get this aggressive.
Surely the dems will be claiming a recovery is well underway.
This issue will determine 2010 midterm results; notwithstanding all the premature seat counting, etc.
Another unexpected downturn. DOPES!
Pelosi: Where Are the Jobs, Mr. President?
August 1, 2003
Washington, D.C. — House Democratic Leader Nancy Pelosi released the following statement today on the Bureau of Labor Statistics’ announcement that 470,000 people abandoned their job searches in July and that 3.2 million private sector jobs have been lost since President Bush took office:
“The fact is that President Bush’s misguided economic policies have failed to create jobs. Since President Bush took office, the country has lost 3.2 million jobs, the worst record since President Hoover. And today we learned that in July nearly half a million people gave up looking for a job.
“Job losses are taking a real toll on the financial security of American families. While Democrats are fighting for opportunity, jobs, and economic security for working families, Republicans continue to focus on helping those who need help the least.
“According to today’s survey, while the national unemployment rate dropped slightly, it still stands at a near record high. In addition, the unemployment rate for African Americans was still over 11 percent in July, and the unemployment rate for Hispanics was 8.2 percent in July.
“It is time for President Bush and the Republicans to get to work for all Americans, not just the elite few.”
http://www.house.gov/pelosi/press/releases/Aug03/prWherearetheJobs080103.html
135 people were laid off from State Street Bank in Boston on Wed. They had a fantastic year in profits and boners, I mean bonuses.
We’re in the 11th hour. Beware.
The shell game will be over when the government declares that economic information is a state secret.
There is no recovery that can be seen by the people yet. When it no longer takes longer than a year to find a job then people will think it is over,until then good luck in November!
I take the full article to heart. It sounds dead on to me.
I don’t buy this “recovery”, but the media will be shouting “recovery” right through the 2010 elections. We will see how many people fall for it vs who “believes their lying eyes.”
Any upward movement rides on a rising tide of optimism that Obambi will be neutered in November and will not run again in 2012. This truth needs to become widespread to offset any Dim spin that credits the regime.
You’re forgetting all the TARP money being shoveled into the economy to prop up the RATs this November. When that runs out, it’s game over, but not until then.