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just1voice

(1,362 posts)
13. LOL, "by June, the worst recession since the Great Depression was officially over"
Tue Aug 28, 2012, 01:30 PM
Aug 2012

Now I see why more people believe Elvis is still alive, because the recession never ended. The people who "officially" declared the recession over were/are government economists who twist statistics for a living.

The article is stuck in the left/right argument and the author can't see the truth or the big picture because of it. The "tax cuts" were an extension of the Bush tax cuts for the rich too. Also, a guy quoted says "you’ve got to appreciate that the serious fraud just hasn’t happened" -- that guy's obviously never heard of libor, muni-bond rigging, Goldman Sachs or J.P. Morgan. Talk to anyone in education now and it's not the pretty picture painted in this article either.

I'll stop listing the multitude of fantasies listed in this article, if anyone is unable to see the massive fraud and corruption that rules the U.S. economy and how it's perpetuated by a government that only serves itself then they can keep on believing it until it happens to them which, it does already every time they buy gas, a house, an "investment" or get a job with no security, little pay and no benefits.

Latest Discussions»Editorials & Other Articles»The New New Deal: The Hid...»Reply #13