Comment on Entry: Learning to Read the Mainstream Economic Press, authored by pudge
1. As the 'market' is duly noting, discounting and weighing. :)

Posted by Duffman at February 5, 2010 09:42 AM
2. The Reality is...There will be all kinds of Pumped Up numbers to show the Recession is easing. Especially, as we come into this next Election Cycle. The MSM and the Democrats will want to paint as Rosy as a picture as they can. However, try as they may, they will not be able to keep the illusion alive as the Ship continues to Sink. Come election time, the Liberals should lose Big. If the Liberals don't, you had better start planning to dig up your yard to plant your Survival Garden the coming Spring.

Posted by Daniel at February 5, 2010 10:10 AM
3. That is a good video. Nice find, pudge.

Posted by charlie at February 5, 2010 02:00 PM
4. My biggest lament is we had to wait 30+ years to get a mess as big as Jimmy Carter.

In spite of government intervention, the economy will recover.

Wall Street's just been having a fire sale. Buy low, sell high.

Posted by Andy at February 5, 2010 02:26 PM
5. Interesting little factoid: if the Federal Budget was rolled back to that of 2007, we would have a $160 billion SURPLUS this year.

In just 3 years, we have gone from a $130 billion surplus to a $1.3 TRILLION deficit. A swing of $1.43 trillion dollars. And it's not from lower revenue; the revenue collected this year would give the 2007 budget levels a surplus!

It's the spending, stupid!

Posted by Shanghai Dan at February 6, 2010 07:39 PM
6. Dan, that's not possible, because Obama said that he has had nothing to do with the deficit.

Posted by pudge at February 6, 2010 09:01 PM
7. Oh, that's right... I forgot about that! Hard to keep up with which lies are current with this Administration...

Posted by Shanghai Dan at February 7, 2010 09:25 AM
8. This op-ed would apply to this state;

Mark Steyn describes the essence of unsustainable. This would apply to high speed rail and light rail for this area in the offing



Posted by KDS at February 7, 2010 04:38 PM
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