Search CynicalPessimist666.blogspot.com

Monday, January 25, 2010

Economy Continues To Recover With Blazing Speed.

http://news.yahoo.com/s/ap/20100125/ap_on_bi_ge/us_nabe_survey
Economic survey: Slow recovery continues

A year ago, Barack Hussein Obama postured and whined that if we didn't bailout the Wall Street Wizards immediately with billions of dollars and without an accounting of where the money went, the economy of the United States would fail.

Barack Hussein Obama is still claiming that he saved the economy a year ago, but now he is saying that we may need to wait for the next election to see any progress.

69% of the businesses agrees with Barack Hussein Obama and say that they have not noticed any improvement in the economy.

59% of the businesses agrees with Barack Hussein Obama and are reducing inventory in an effort to avoid bankruptcy.

28% of the businesses agrees with Barack Hussein Obama and expect to continue to terminate employees in an effort to avoid bankruptcy.

Even the government claims that unemployment will continue at 10%, and is expected to rise in the near future. However, the government refused to track the number of people who ran out of unemployment benefits and have given up hope of ever getting a job. The government claims that the rate of job loss will eventually slow down (for lack of existing businesses to terminate employees).

The government also claims the economy will start slowing down unless all the unemployed people increase their spending.

I guess the economic slowdown concern must be part of the government claim that they saved the economy, because nobody I know noticed that the economy had started to recover.

No comments:

Post a Comment