Socialist economics in one lesson: "Infinite redistribution requires an infinitely enlarging pie. That's why it fails every time it is tried.

you bet! it's their calculation that the golden goose
will endure regardless of their Keynsian games and
social-justice theft;;; I think that they're conducting
an experiment, while they have the power, to see
how far they can go before the goose goes lame.

they might find that the farmers love their goose
and have a vote in this "game" too!!! -- j

p.s. unless Hillary is elected, this power is transitory,
because it's dependent on "racism" for disagreeing
with BHO! (with HRC as president, it would be sexism)

people might be putting things off -- like that elective
surgery, that trip to the dentist, that car trade, that trip
to the beach ... waiting for the end of the recession
which never comes. -- j

John,
you are very correct about the recession never ending. those whom we have put in charge working in government do not recognize that THEY are the reason for this looming or ongoing financial disaster.

according to government statistics there are and I believe the number to be low 50 million on welfare who never did have a job. another 100 million who either did not have a job or lost their job who supposedly would like to work also on welfare. they in this large group don't have extra money to drive wantonly around so their spending on gas is down, then they need food which is increasing in cost. with hospitals closing no wonder those in need don't get any health care since there is no place to go unless it is absolutely necessary. the situation is in fact far worse than the media presents it. we are in free fall economically.

The older folks in the 'hood speak of "making do".
I think that's what's happening to this Keynesian economic system.
Folks know that spending what you don't have is what's gotten this country into trouble. Awareness is up.
In addition, the first wave of "baby boomers" is retiring ... along with their brainpower.
Shrugging IS taking place!

Perhaps...but I think many have decided to remove themselves or work less to avoid high taxation even if they don't know it's 'shrugging'. Intentional or otherwise they aren't working to full capacity and the effect is the same. I also wonder about the expat affect.

People are shrugging, so they're spending less. And the job numbers should prove that. IF they were honest about things.