Now let me be clear. The economy's not dead, it's just resting!
Posted on 09/04/2010 10:32:34 AM PDT by Qbert
I think you are correct with one caveat. If the Fed starts printing money or uses some mechanism which amounts to the same thing, we will face Hyper-inflation. If that happens, and I think we are perilously close to just that, all bets are off.
I think this could easily get worse, given the absolute idiocy in control of government and the monetary system as it stands.
Post of the Day Nominee!
You forgot to add in “between the sheets” LOL
“It’s just a flesh wound!”
yea.../wrist
AMEN!!!
These people think they can have some meetings for a week and come up with a brilliant new plan that will save them before November. Boy are we in for it.
I second your AMEN and move for a Hallelujah!
The guy is delusional. Or ignorant. Or an evil socialist genius. Or a ‘Manchurian Candidate.’
I can never decide... *SIGH*
“Obama simply reeks of deperation now.”
He really does.
His nearly trillion dollar stimulus plan fails, and now he’s going to save the day with some last minute patched-together plan (that his advisors probably came up with while he was on his ten day vacation)? Er, no.
“The guy is delusional. Or ignorant. Or an evil socialist genius. Or a ‘Manchurian Candidate.’”
...Or a jackass. (I mean, it *is* their symbol!)
“even if this worked then they are not jobs which will last 40 years, they’re short term jobs to make the numbers look better till the next election.”
Yep.
What’s really frightening to me is how scary the job loss numbers would’ve been this year so far, had they not been able to pad the jobs numbers with the short-term census hiring.
Oh no, what happened? Cantor was just another wet dishrag or...?
His “new” ideas will be the same as the old ones; more government programs that piss away money on make work projects.
...and change
The 400,000 t0 450,000 is actually a 4 week running total. But that number doesn’t tell the whole story as it is a gross number of jobs lost without considering the number of people who got a job and went off unemployment. The net number is more like -20,000 jobs a week.
The Dems bought what they thought was Sugar Daddy with a Stash and all we got was an Uncle REAM-US!
It sounds like he’s going to try his version of a semi-Clinton “turn to the middle” effort and propose some tax cuts, etc. And there will be his usual hefty dose of demagoguery, of course.
But he’s crossed that point of no return: Obamacare, the endless regulations, all the other looming taxes on the horizon, the fact that the Deficit Commission will likely propose many taxes after the elections (and of course possible/probable lame-duck tax shenanigans), the administration’s anti-business vendetta, etc, etc. There’s no way for him to escape what he has wrought.
New ideas??? A Marxist is a Marxist. Shovel all you want but it doesn’t change the fact that all garbage ends up in smoke.
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