I admit it. I was a skeptic of the Stimulus. I never thought it would work. But The One (BO) was right. He gets to say those 5 little words -- "See, I told you so." Unemployment is on its way down. The recovery is in full swing. I know that if it weren't for the unrest in the Middle East, gasoline prices would be going down, too. They are up a little, so are food prices. Food prices will probably go up a lot more due to the increase transport costs. More people going hungry is going to help first lady Aunt Ester's fight against obesity. Clothing will go up, too. There is going to be high demand for the smaller sizes as all those people buy two or three sizes smaller than they have now.
The debt is rising faster than the Mississippi after snow melting rain storm. But the nice thing is we can print our way out of that. Sure it kills a few more trees, but hey it is all for the common good. I just hope the environmentalists don't think of them trees.
But summer is coming. It should be a great time to go to the beach. They probably won't be as crowded this year with it costing more to get there. Tourism in general will be down as more people take staycations. Fewer dollars flowing in the market. I wonder what that will mean. Probably big profits for the fat-cats on Wall Street. Yeah, we gotta tax them so its more fair. Damn Fat Cats.
Gosh, this whole economics thing with the interconnectedness is really complicated. I sure am glad the brains in the white house are on top of this. Aren't you?
Yeah, I am a sarcastic cuss.
Lie Lie Lie
5 years ago