stormlorde (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} stormlorde) wrote,@ 2008-05-19 08:38:00 |
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Recession
Well as hard as the the news hungry networks, and the dumbass politicians pushed for a nice recession to talk about. It aint happening, despite an MVP effort from Ben Bernanke. Still no quarters of contraction, and halfway through this quarter, probably no contraction here either. The fear is loose though, a lot of people will be layed off, a lot of people will get smaller or no raises. We live in an era of record corporate profits, yet the economic news has been fear mongering my whole life, why is the economy always bad for the people, and good for the corporation, why have real wages steadily declined.
Go justly, and fear not indeed.
Be well.
Well as hard as the the news hungry networks, and the dumbass politicians pushed for a nice recession to talk about. It aint happening, despite an MVP effort from Ben Bernanke. Still no quarters of contraction, and halfway through this quarter, probably no contraction here either. The fear is loose though, a lot of people will be layed off, a lot of people will get smaller or no raises. We live in an era of record corporate profits, yet the economic news has been fear mongering my whole life, why is the economy always bad for the people, and good for the corporation, why have real wages steadily declined.
Go justly, and fear not indeed.
Be well.
