Skip to comments.Census: No sign of economic rebound for many in US
Posted on 09/19/2013 3:57:56 AM PDT by don-o
WASHINGTON (AP) -- Even as the economy shows signs of improvement and poverty levels off, new U.S. census data suggests the gains are halting and uneven. Depending on education, race, income and even marriage, not all segments of the population are seeing an economic turnaround.
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(Still some good stats in the AP piece.)
The American economy has been on a 5-year-long cocaine binge, host by the federal government, which has been pouring billions into buying bonds to hide the real recession. Even with this powerful disguise, the resultant alleged “recovery” is pathetic.
When the crack party is finally over, the crash is going to be horrific.
“Halting”? Is that what the AP is calling it? And “uneven”? Let me guess...things in certain Maryland and Virginia suburbs are looking much brighter today (as if they ever looked gloomy) while for The Great Unwashed (that’s *us*,boys and girls)....no so much.
Truth: No sign of economic rebound for any in US
What else is there to be expected when we have a government which rules regulates and taxes us to death and I really dont expect any changes in the foreseeable future and to top it of a good portion of the public is contend by being on the public dole instead of working.
Once again to mind come Alexander Tylers prediction. From bondage to spiritual faith and from dependence back to bondage.
There is no recovery; only the one that lives in 0’s head that he tells the MSM to lie about.
Figures don’t lie if liars don’t figure.
With the daily deluge of economic sputum emanating from the MSM and the communist sympathizers on the left telling us the economy is getting better, I cannot believe ANYTHING they are saying.
How can you have the American public earning less than 1989 levels (by about $600) and with out of control inflation, (which the MSM has buried that headline), and possibly say the economy is growing? Earnings peaked in 2007. HMMM, what happened in 2008?
About the only things growing are the money supply (hence a greatly devalued dollar) and the percentage of people NOT working, food stamps, disability.
Fairy tales are more believable than the numbers coming out of our government and our media.