The powers that be are still 'kicking the can' and not adressing the problems. We are still borrowing $1.2 trillion a year.
The jury is still out, IMO.
He who laughs last...not that it will be a laughing matter.
This guy is an idiot. We are in the middle of it and we have several years to go before we can make any real judgements as to who was right and who was wrong.
Geez, an idiot.
The biggest losers? Are the taxpayers. Next are the losers that voted for zero!
So I guess what this guy is saying is having a jobless recovery isn’t bad. ...pretty low bar concedering how much were spending.
LMBO!!!
(whew!)
It sure is good to know everything is going to turn out just fine, and the economy is on its way to full recovery, thanks to the “economic policy makers”.
Where do the big government rats come up with mice like Weisenthal?
(Thats a rhetorical question of course, as I am well aware that ‘Business Insider’ is the Democrat propaganda version of genuine business publications such as Forbes, WSJ, and IBD.)
If we do not cut spending, we will get to a point where our tax revenue will not pay for our interest payments on the money we borrowed. At the point this illusion will shatter. At a minimum that will be the end of the federal reserve, and the treasury will just print money directly. Then we will start to see all of the effects that have been predicted.
For the jury to convene is for the truth to be revealed. Or, the cards of this house are unexpectedly robust.
My brother inlaw sells gaming equipment and he has been busy as possible the last 5 years. That’s not so unusual however I spoke with him and his friends last T-day and everyone of them was positive things were getting better and headed up. Not just the gaming market but things in general. They think I am crazy for not being all in on the stock market.
I almost, for a second felt a tiny bit of sorrow for them, but it quickly went away :smile: