Reply #24: I don't buy it for a minute [View All]

[leftofthedial]

I see zero signs of recovery in my travels (LA - Colorado - Tennessee). I don't know a soul who is spending money on anything they don't absolutely need (except for a handful of wealthy friends who are traveling voraciously and spending their money mostly overseas).

What do I see? More and more and more layoffs. More and more and more empty storefronts. More and more small businesses with zero revenues, hoping to hold on "until things turn around." More and more and more homeless people. More and more and more for sales signs in front of empty houses. That's what I see.

Bush has fully politicized the Council of Economic Advisors and the various reporting agencies. We are through the looking glass here. Grand pronouncements from Big Brother that the chocolate ration has been increased don't impress me.

But when you transfer trillions of dollars into a few private hands in two years as the Bush GOPNAC Cabal have done, it gives a few people enormous opportunity to create short-term blips in the economy. Add to this the proven propensity for positive exagerration that takes place every reporting cycle under this administration and I'm suprised growth was so slow.