The people effing up our economy (and the sycophants who obediently shovel their propaganda) simply can't believe that their
Fears that the economic recovery is fizzling grew Thursday after the government and private sector issued weak reports on a number of fronts.NOW you're worried?!?!?!
Unemployment claims are up, home sales are plunging without government incentives and manufacturing growth is slowing.
Meanwhile, 1.3 million people are without federal jobless benefits now that Congress adjourned for a weeklong Independence Day recess without passing an extension. That number could grow to 3.3 million by the end of the month if lawmakers can't resolve the issue when they return.
All of this worries economists.
Anyone who's been paying attention - particularly those who follow Vox Popoli - knows that government bailouts and incentives have only served to prolong the pain and postpone the inevitable crash. We're in the midst of a profound economic earthquake that has only just begun to rumble. We would have been a lot better off - a whole lot better off - had King George the Dim simply let the economic chips fall where they may in 2008. We'd probably be pulling out of the deep, deep recession it would have caused right about now. Instead, we'll be subject to Great Depression 2.0 in dribs and drabs as our political class tries to salvage their own careers rather than do the right thing.
Now THERE'S a cheery message for a Thursday evening, eh?