A lot of economists say that the recession is over……but few actually live on Main Street or even care what is happening to normal Americans. I see NO end to the recession, the economic crisis, anywhere…jobs are lost, homes seized and investors making all the gains…..
CNN Money reported:
More than 80% of top economists believe that the recession that started almost two years ago is finally over. But most don’t expect meaningful improvement in jobs, credit or housing for months to come.That’s according to a survey released Monday by the National Association for Business Economics (NABE). The group asked 43 top economists last month if they believe the battered U.S. economy has pulled out of the worst U.S. downturn since World War II. Those surveyed include economists from leading Wall Street firms and major corporations, as well as from highly respected universities and research firms.
Economists in the survey forecast that the U.S. economy grew at an annual rate of 3% in the three months that ended in September, though the official reading of gross domestic product won’t be out for weeks.
And all of the economists surveyed expect the recovery to be slow and painful, leaving many people and businesses feeling the effects of the downturn for years to come.
There you have it….the RECOVERY will be long and painful….that means Main Street will continue to take it in the ass until Wall Street decides that they have been fucked enough.
That means that the American worker will continue to lose their jobs and their homes and their health insurance…all the time investors will be rolling in the dough…..the only pain that the thieves on Wall Street will feel is that of any minor regulation the government may put on them….as with the recession and the economic crisis, they lose very little.
The people need to wake up and smell the pile of manure in front of them…..they WILL NEVER get a fair shake from the government…no matter which liar is elected and bought….
Nothing new there then… 😈
The problem is the system (but then you knew that). The only people ever heard are the extreme right wingnuts who are driven by those serving big money and the extreme left (who have often been BOUGHT by big money.
Either way, big money wins – AGAIN!
The VAST majority of NORMAL people remain unrepresented and uncared about…
Nothing changes 👿
So damn true….but eventually the people will have to wake up and smell the manure pile in front of them….if not then they have NOTHING to bitch about…they will have allowed it all to happen and then they deserve they screwing they get….cold huh?
Bloggers try to help, well most bloggers, try to help people understand what is what…but we are ignored ans marginalized as kooks…that is cool…..because I will say I told you so……