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Thread: Summers says U.S. economy's freefall has ended

  1. #21
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    Re: Summers says U.S. economy's freefall has ended

    Quote Originally Posted by WillRockwell View Post
    you really don't have a freaking clue, do you?
    If anything defines irony, this comment certainly fits well.

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    Re: Summers says U.S. economy's freefall has ended

    Quote Originally Posted by Truth Detector View Post
    CHANGE we can all believe in; OH YEAH!
    As best I can tell, the "change we can believe in" is politics as usual on fast forward.

    I will start to believe that the economic freefall has ended when unemployment rates in this area drop below 12 %. This nice map shows that unemployment in west Michigan by country ranges from 9.6 %, to 19.7 %, with my home being at 14.4 %.

    I could care less when the banks start to recover, I only care about when things get better for us working class folks. I realize on some level that untill banks recover, and wall street, there will be no recovery for the working class, but don't even start talking about recovery untill it actually affects those of us not rich.

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    Re: Summers says U.S. economy's freefall has ended

    Quote Originally Posted by Redress View Post
    As best I can tell, the "change we can believe in" is politics as usual on fast forward.

    I will start to believe that the economic freefall has ended when unemployment rates in this area drop below 12 %. This nice map shows that unemployment in west Michigan by country ranges from 9.6 %, to 19.7 %, with my home being at 14.4 %.

    I could care less when the banks start to recover, I only care about when things get better for us working class folks. I realize on some level that untill banks recover, and wall street, there will be no recovery for the working class, but don't even start talking about recovery untill it actually affects those of us not rich.
    The great Liberal State of California now has an unemployment rate of 11.2% and a budget shortfall in excess of $40 billion. The Democrats infesting the State Government apparently are modeling this once prosperous State after Michigan.

    California Economy at a Glance

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