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So how many more months or years do you think all the recovery spin will last?

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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:40 PM
Original message
So how many more months or years do you think all the recovery spin will last?
Quotes like this you hear everyday:

"There was only 135,000 jobs lost last month instead of a predicted 140,000 so that proves the recession is over and we're in recovery."
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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:40 PM
Response to Original message
1. Till it all comes tumbling down.
...and there are suckers who will believe it right up until the end.
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hughee99 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:46 PM
Response to Original message
2. I think they'll prop it up until the '10 elections
then admit where we are right after, and then start it over at the beginning of '12 for the elections again.
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:52 PM
Response to Reply #2
4. I did hear a right-winger joke that your post reminded me of
Obama was right

He said during the elections that if I didn't vote for him I would lose my job. He was right, I didn't vote for him and I lost my job.
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HiFructosePronSyrup Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:55 PM
Response to Reply #4
8. You didn't vote for Obama, eh?
I never would have guessed.
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:58 PM
Response to Reply #8
11. It was a joke that I read
Pay attention :P
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Goldstein1984 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:50 PM
Response to Original message
3. Until the people stop believing it and call...
BULLSHIT!

I don't believe it was a recession, I think it was an adjustment. "They" (the political and economic elite) are afraid to tell us we're not going back to where we were, and that we're going to be meeting the Third World somewhere in the middle.
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hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:52 PM
Response to Original message
5. Chocolate rations are up, fewer people lost their jobs, what's your problem?
And don't forget to have a nice day.
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:54 PM
Response to Reply #5
7. Most people in 3rd world countries don't even have a home to get foreclosed on!
:P
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TiberiusGracchus Donating Member (115 posts) Send PM | Profile | Ignore Thu Dec-17-09 12:53 PM
Response to Original message
6. Well don't look now, new jobless claims are "surprisingly" up again..
according to the AP
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:57 PM
Response to Reply #6
9. No surprise here
Half the people I know have been out of work over six months and there's about a dozen who may not have a job by the time Christmas gets here.
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OverDone Donating Member (62 posts) Send PM | Profile | Ignore Thu Dec-17-09 12:57 PM
Response to Original message
10. People don't seem to care
They are going to continue to say it because so many people have their heads in the sand and don't want to believe the numbers. The jobless numbers suck, but you cant just say whatever, and walk away. Until people start caring, and see what theses numbers really mean to us, we are screwed.

http://www.dailyjobcuts.com
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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 12:59 PM
Response to Reply #10
12. Yup
I guess if you see "Jobless Recovery" on a large HD flat screen it's more believable.
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Chan790 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 01:01 PM
Response to Original message
13. We're actually in a recovery...
that's the damnable part of reality for the doomsayers. I work for a bank...one of the largest in the nation to not take federal bailout funds (because we didn't need them, we treat your investment money like it's our money...and by nature bankers are only gamblers with OPM. As a result, we didn't find ourselves sitting on mountains of bad debt and very little in terms of upside-down mortgages. We've spent much of the past year buying up small failing competitors.) and after sitting on our holdings for months because the climate was toxic for investment, we've resumed small-business lending slowly to qualified borrowers.

That is what drives a recovery. It creates job and revitalizes communities. It gets people back on their feet. It's the only metric I personally pay attention to. Those people get fatigued with being scared and they start to spend what they've been sitting on...that money enters the system and lather, rinse, repeat. The failure of trickle-down economics is directional...cash doesn't trickle-down from the wealthy to water the economy, it floods up from the working-class and middle-class. Wealth is created by laborers, not owners.

(Reality trumps panicked negativity every time.)
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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 01:24 PM
Response to Original message
14. As weeds and small trees push up through the pavement in deserted cities, pundits will point and say
"Look! Green shoots!"
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cutlassmama Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 03:50 PM
Response to Original message
15. It will take 8 more years. It's been two so a total of 10, just like the other
Great Depression.
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-17-09 03:53 PM
Response to Original message
16. I think people are just running out of unemployment comp.
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