Did we ever get out of the "soft patch" we were already in? You can tiptoe on a tar pit for only so long...
Posted on 05/30/2011 5:45:10 PM PDT by Perdogg
The economy has struck a soft patch that is likely temporary, and the second half of the year should be better, some economists say.
Supply chain disruptions form the Japanese earthquake and tsunami have had a direct impact on manufacturing and the auto industry in particular. Additionally, the spike in oil and gasoline prices has hit consumer and business spending.
(Excerpt) Read more at cnbc.com ...
ping
Soft patch, is that anything like quicksand.
Others see it as “unexpected”.
Excuse my french, but we are so f-ing screwed. Most don’t realize it yet, but it’s coming...big time.
During the early years of Bush43 admin, we heard this exact mantra for about three years straight. It finally came true, only because we waited long enough.
Did we ever get out of the "soft patch" we were already in? You can tiptoe on a tar pit for only so long...
“Soft patch, is that anything like quicksand.”
Yes, and it also refers to the space between the ears of the CNBC talking heads.
Sometimes I think that I’m living in a prequel to a Mad Max movie.When things fall down this time,they’re gonna fall HARD.
Time is a relative thing, some see 4 years of Obama as temporary!
The cross currents continue. We are wallowing along, waiting for the next financial crises (continuation of the first really).
Dollar rally coming soon, that will be ‘unexpected.’
“Soft patch, is that anything like quicksand.”
LOL Quote of the day!
The thing about hitting a soft patch is it isn’t
too bad if you’ve got four wheel drive, plenty
of power, all terrain tires and the will to push
on through......but if you’re timidly driving a Volt
with a half charged battery you’ve got problems.
Oh, and if you’ve got someone named Barak helpfully
throwing logs under the wheels your problem
is worse than you know, cuz you’re gonna
have to spend more time than you’d like
in the wilderness.
If you had watched the market then, it came a lot sooner. From then on we had a comfortable market until....
Unexpectedly!
As megablogger Glenn Reynolds, aka Instapundit, has noted with amusement, the word “unexpectedly” or variants thereon keep cropping up in mainstream media stories about the economy.
Michael Barone
*SIGH* They are. They will.
And I’m usually Perky Polly, Perpetual Optimist, LOL!
“You can tiptoe on a tar pit for only so long...”
BUMP! :)
CNBC the comedy channel
Ever since that one guy ranted one morning about the damage caused
by "the one", CNBC abandoned the reality of reality, and went
with the reality of the politik.
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