We have been hearing a bunch of jive from Washington, D.C. about how the recession is over. This in no way matches up with what we are observing on the ground. In fact, to our eyes the recession is deepening, consumer confidence is weakening further, soaring gas prices and food prices are trimming consumer spending, and there is no end in sight.
Of course, the fat cats in Washington, D.C. who not only never pay for gasoline, but have their own drivers that come out of the taxpayers nickel, can hardly tell. When they want to know how bad the recession is, they have a secretary/aide/staffer, bring them a report. If the lobbyists and campaign contributors aren't worried, why should the politicians care?
Wednesday, May 4, 2011
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