Monday, September 20, 2010

It's over? We'll tell you when it's over.

Over?  We’ll tell you when it’s over.

Hey everyone!  I had a fantastic weekend and I hope all my readers had the same!  Especially when we all can wake up to such refreshing news!  In case you missed it the mission is accomplished!  Finally, the longest recession since World War II, lasting 18 months, is finally OVER!  That’s right.  It’s over.  Over.  You know, as in the economy is beginning to bounce back and everything is going to be OK.

I call bullshit.

With unemployment so high and so many people homeless, in debt or jobless I refused to believe that the recession is over.  There are a few things that will make me accept this to be the truth:

1.        Job creation goes up.  We need unemployment to go down so that people can make a living wage.  We also need to get skilled workers to the jobs they are trained to do instead of working retail or flipping burgers for income. (It’s great they can get jobs at all, but we need to do better)
2.       The foreclosure rate drops drastically.  We need to get people the funds they need in order to take care of their family.
3.       The stock market maintains an upward trend.

And these are just the basic things we need in order for us to have faith in our economy again.  I want to believe that everything is just going to be ok.  I want to believe that this is the start of a better economy…but we need to wait and see what happens.  Saying that everything is going to just be OK is premature and to be honest….   Bullshit.

Do I think the things the Obama Administration has done good to create a climate for a better economy?  Yes I do.  Do I think there is a possibility we will get better in the coming months?  Yes I do.  Do I think saying it's over makes the effects of it cease?  Not at all.

3 comments:

  1. i enjoy reading your blogs sir, you've always been so intellectual and smart :)

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  2. I was wondering why it seemed in the last 2 years that we were hearing about Alaska (one of our easily "forgotten, glossed over" states) an aweful lot. I tended to award all the credit to Ms. Palin, as you might as well. However, as your source article tells us, it's because Alaska is one of the only two states where people are still making enough (or heaven forbid, more than enough) money to do stuff, and since we contiguous state residents aren't, it's much easier for the Alaskans to get airtime, ala Lisa Murkowski.

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