How's that recovery going?

Posted by $ blarman 9 years, 9 months ago to Economics
14 comments | Share | Flag

And the media still loves to harp on those who say they are pessimistic about the US' economic future.

I am - as long as this Administration is in power. And six years of failed policies show nothing to contradict my pessimism.


All Comments

  • Posted by fivedollargold 9 years, 9 months ago
    Inflows to the treasury are at an all-time high. Sucking this much money out of the economy can only be a positive result if productivity is dramatically increasing. If this is not the case, taking so much money out of the private sector will send the country into another recession next year at the latest. And the current recovery, if it can be called that, is a very tepid one.
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  • Posted by edweaver 9 years, 9 months ago in reply to this comment.
    I am sorry but just because you are hiring does not mean that everyone is. I am happy for you but take off the rose colored glasses. With what has happened it will all come crashing down unless you are on the government dole and that is likely to crash too. Not a matter of if, matter of when.
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  • Posted by straightlinelogic 9 years, 9 months ago
    Orwell had it right. Stagnation is recovery; increases in the cost of medical insurance are affordable care; illegal aliens are immigrants; huge increases in debt for government boondoggles are investment; fleeing the highest corporate tax rate in the world is unpatriotic; putting one's faith in a complete idiot is hope, and making a government that has been getting bigger, more intrusive, and more corrupt for decades even bigger, even more intrusive, and even more corrupt is change.
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  • Posted by Solver 9 years, 9 months ago in reply to this comment.
    True. Applying the Keynesian canon also sacrifices freedom. Some would say it is for the greater good. Not me.
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  • Posted by $ 9 years, 9 months ago in reply to this comment.
    But the growth comes at the cost of solvency. That's not the kind of growth I'm interested in.
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  • Posted by freedomforall 9 years, 9 months ago
    "An economic recovery built on sand"
    The Dark Center was built on a swamp, and it is still a swamp... one that swallows up and wastes almost half the production of a once free people.
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  • Posted by Solver 9 years, 9 months ago
    Growth slightly above stagnation seems to be the new normal.
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