If what we have now is recovery it came with an expensive price tag and a little time bomb that will bring in the next even worse more protracted decline. Indeed the stock market numbers have improved and inflation has not gone out of hand however not much else good can be said. If anyone pays attention to the financial reports that are issued each day they can see they often conflict with each other. One report will give a positive outlook on jobs or finances and another a few hours later will say the direct opposite. A big part of the media is hand in hand with the shvartza Administration and the spin machine is in very high gear. Its only when anyone looks at the entire numbers picture that they can see the road ahead is one that goes off a cliff. Most companies have reduced inventories and staff. Even service industries are operating with less staff resulting waits and shoddy service during spikes in demand. This puts people out of work and will soon make things expensive when they start getting into short supply. Worse still is that soon the check will be put on the taxpayers table for all the wasteful spending and bailouts. Many states are already starting to see tax revenue dry up and are close to going bankrupt. When the taxpayers have to start taking bigger and bigger parts of their income to pay Uncle Sam they will do even less. People today should try to position themselves in a way that they are least hurt by a prolonged downturn like the one thats coming.
Topic: Unemployment Rate Increases in 30 States Plus District of Columbia (Read 827 times)