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Saturday Afternoon Open

326
albusteve9/17/2011 9:10:43 pm PDT

re: #322 palomino

This recession is even worse than most economists thought. Nobody in either party would be able to create lots of jobs now, unless we went on a New Deal type spending spree, and there’s no stomach for that in either party.

We may have to face the fact that this shitty economy is the new normal, and we may be stuck with it for quite a while regardless of which party’s in power. So many global forces involved, we can’t just shape economic reality any more.

for the 200th time…prepare for indefinite 9% unemployment…there was never any recovery and it’s gonna get worse