Thursday, August 6, 2009

Re: Off Topic: Economic Recovery

See the detailed analysis of U.S. job growth at the following link:

http://globaleconomicanalysis.blogspot.com/2009/08/dismal-unemployment-situation-in-chart.html

Friends, this is looking like the classic "jobless recovery" that the
Carter administration gave us coming out of the late 70s. It's not
lookin' very encouraging. And the more things go down the tubes, the
more the government tries to "fix it," the more fundamental damage will
be done.

Mr. Obama's one-socialist-plan-fits-all approach has come at precisely
the wrong time. Those of you who admire him so thoroughly, please be
prepared to abandon your Hope. His is going on the list with Jimmy
Carter's as among the most economically clueless administrations ever.

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