Let’s juxtapose this little nugget with Rodney’s post about how this is the worst recovery since the great depression. It truly is a war of ideas out there, and it’s not going to be easy convincing the average rube that Obama is indeed dangerous for this country. I know it may seem hard to believe, [...]
When arguably the two biggest in-the-tank-for-Obama media institutions finally feel compelled to cautiously begin using the term “double dip recession,” you can be pretty sure we have been comfortably ensconced in the middle of one for some time. MSNBC: The U.S. has entered a second recession. It may not be as bad as the first. [...]
Oddly, I find myself rooting for the mouthpiece, but only because I place the good of the Republic before my party.
This time it’s Bernie Marcus, co-founder of Home Depot. Marcus makes a lot of serious (and sadly, all too familiar) observations about today’s economy, but this one is just devastating: Investors Business Daily: If you could sit down with Obama and talk to him about job creation, what would you say? Marcus: I’m not sure [...]
Jesse Washington with the Associated Press provides some gruesome details: Economists say the Great Recession lasted from 2007 to 2009. In 2004, the median net worth of white households was $134,280, compared with $13,450 for black households, according to an analysis of Federal Reserve data by the Economic Policy Institute. By 2009, the median net [...]
Time of get off the misery-go-round and embrace the approach [the Depression of 1920 model] which history has shown to work.
What would the Democrats do were it not for convenient scapegoats?
Rodney just posted a brief item about the "end" of the current deep recession — the Commerce Department officially reported 3.5% growth in the economy during the third quarter of…
The Chicago Sun-Times is reporting: February’s higher-than-anticipated U.S. jobless rate of 8.1 percent shook America on Friday morning. It was a stat not seen since December 1983 — except in…
From Reuters: U.S. companies, consumers and communities may grow so addicted to government financial help that cutting them off could trigger another recession soon after the current one ends. Between…
I decided to look at the Dow Jones Industrial Average from 1920 up to the present, in order to see how many serious market downturns we have weathered, and to perhaps see whether or not we are in a bear market/recession cycle so unusual and so catastrophic that the government has no choice but to do something — anything — in order to end it.
Socialize