That economic news we got about how the recession is now over seems a bit premature. Especially when that claim came with all those “buts” attached. This number is drastically inflated by such things as the “Cash for Clunkers” and the stimulus patronage pay-off programs which temporarily flushed large sums of money into an anemic economy. But what’s worse is that some are already seeing the arrival of another housing crash. Have a look at that graph. That doesn’t bode well for the collectivists claiming they have fixed things.
We even have the Foundation for Economic Education, publisher of the Distress Index, saying not so fast! And even worse, many are predicting the death of the dollar. Of course, the more I hear about this stuff, the more I wonder if the collectivists are doing what they are doing by design. Crash the system and reboot it the way they want it and all that. And with the media blatantly doing propaganda for the collectivsts and pretending all is well when it definitely feels and looks like it isn’t even close to that, who knows.
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