Sunday 14 September 2014

The "no recovery recovery".​...............from Rico

Here are a couple charts prepared by the FED. They illustrate exactly what kind of "recovery" there has been since the recesson was offishuly declared to be over. It's because this is not a 'no jobs recovery' but a 'no recovery recovery.'

- Why anyone still waits for the white smoke from their monthly FOMC meetings (there's another...yawn...next week) baffles me.

They also explain why the Democrats (C) aren't using the campaign slogan "are you better off now than yu were before?" in the run up to the mid-term elections.

- You aren't.

Why the Republicans (D) aren't using this would be a mystery, except most of them now think of themselves as Democrats (C) and they cannot bring themselves to do so.

- They are also equally complicit, and don't want to bring your attention to that fact.


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