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posted to rec.boats
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First recorded activity by BoatBanter: May 2009
Posts: 163
Default If this keeps up...


"H the K" wrote in message
m...

"The worst may be behind us," President Barack Obama declared. "Today,
we're pointed in the right direction."


Obama can talk all he wants, it isn't going to change a thing. But he is a
good bull****er, but even lib-dims are getting tired of talk a lot and
excuses.

This time of year is supposed to be peek employment. And it remains that
income levels are dropping. Loose 1/2M jobs, replaced with 1/4M lower wage
jobs for a net loss of 1/4M. Sort of like saying I lost 3 pints of blood
and the bleading is slowing down. Obama sure isn't a realist.

Then there are people no longer counted, the real number is 20%, which
removes government adjustment crap.

As for recent market increases, it has more to do with anticipated
inflation. I can just hear Obama touting GDP grew by 1% in a 10% inflation
environment so the recession, which is really a depression is over. Trouble
is, real growth is GDP growth has to be more than inflation or in fact, you
still are in a recession.

Government is going to try to BS out of this, but it isn't going to work.
People are going to be angry when they realize they are being duped by an no
results talk a lot type.


 
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