Anyone who says the word recovery" has just GOT to be kidding! - Or full-on barking mad.
The US is deeply mired in the worst 'recovery' since the Great Depression, and headed into what may be called the Greater Depression in future.
Take a look at retail gasoline sales. Does this remotely LOOK like a recovery?
- This nosedive is a barometer of economic activity, and is NOT the impact of the Chevy Volt or the Toyota Pious who haven't sold very many units.
If you want a REALLY good laugh, look at what retail gasoline prices used to be before "Hopey-Changey-Forwardy" Barry!
- When you're done laughing at the joke, go fill up your tank and ask yourself if that 'feels' like a recovery when you go to pay for it.
Sunday 7 April 2013
Recovery? You have GOT to be kidding...............from Rico
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1 comment:
Well the Fed is printing $85B a month, and keeping long term rates down. The government is deficit spending by over a trillion dollars a year.
So, you know, $2T a year of make believe money can make it feel like there's a party going on.
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