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Monday, January 4, 2010

Economy Continues To Recover While Businesses Continue To Collapse.

http://www.marketwatch.com/story/construction-spending-down-7-straight-months-2010-01-04
Construction down seven straight months

Isn't it encouraging to know that the economy is recovering while businesses continue to lose business and increasing numbers of people continue to lose their jobs and homes?

What is even more encouraging is that last months numbers showing the construction decline reported by the government have now been restated to show that the construction decline is worse than previously reported. And of course the economists employed by the government are upset that the government won't lie better about the economy so the economists can prove that everything is working as planned.

I guess that the $1 trillion stimulus was money well spent.

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