This post is like Godfather 3, probably not as bad as it looks, but still completely unnecessary. ("Let's kill a pope and shoot my daughter in the stomach.")
We have 44,700,000 Americans on Food stamps (one Big soup kitchen!) up from 40,300,000 in 2010. A second wave of foreclosures is hitting all Americans across the board, this one is bigger than the first wave. This is the worst economic recovery in our history. You Obamabots could not be any more stupid!
LMFAO. You are entertaining -- I'll give you that. And the bonus is that I always read your handle as estefan, and I then I think of this song: <iframe width="560" height="315" src="http://www.youtube.com/embed/44oqk_BV-ek?rel=0" frameborder="0" allowfullscreen></iframe>
Funny how Dems are the ones pulling us out of recessions and Republicans are the ones starting them...
U.S. Economy Enters Sweet Spot as China Slows By Rich Miller and Simon Kennedy - Apr 3, 2012 The U.S. once again may be emerging as a main engine for global growth -- and at an opportune time, as Europe slides into recession and China’s economy decelerates. An improving job market, rising stock prices and easier credit are combining to lift U.S. consumer confidence and spending, with optimism measured by the Bloomberg Comfort Index near a four-year high. Personal-consumption expenditures increased by the most in seven months in February, rising 0.8 percent, the Commerce Department said last week. “We’re entering a sweet spot for the economy,” said Allen Sinai, president of Decision Economics Inc. in New York. “We’re in a self-reinforcing cycle,” where faster employment growth leads to higher household income and increased consumer spending. International companies, including Milan-based Gianni Versace SpA (GIAN), already are benefiting. Revenue for the Italian designer will rise at a “really strong double-digit” pace this year in the U.S., compared with “a significant single-digit” amount in Europe, according to Chief Executive Officer Gian Giacomo Ferraris. “America is doing fantastic,” he said last month. ... more at the link
I jammed with Gloria in the early 90s when I was living in Miami, I also set up her gym equipment after she had that bus accident that screwed up her back. She is one fine Cuban-American!
Keynesians to Lucas/Real Business Cycle, and Austrians--- a merry TOLD YOU SO. hell no. as wrong as Fisher was before the Great Depression.
I can only pray that the Left can rebuild the economy strong enough to withstand the next round of Conservative legislation.
It's a start! U.S. to run first surplus since 2008: CBO WASHINGTON (MarketWatch) — The U.S. government recorded a budget surplus of $58 billion in April, the Congressional Budget Office estimated on Monday, breaking a streak of deficits that began in 2008. The surplus — the first of Barack Obama’s presidency — was the result of both increased tax collection and lower government spending.
That is more of an accounting thing than an actual surplus. If you get a 100 dollar in april, but don't have have pay 120 dollar bill till may you have 100 dollar surplus in april.
