It is useful to know that Sonders was one of the first to declare in late 2007 that we were in a recession - long before it was painfully obvious and before the official pronouncement by the National Bureau of Economic Research.
Before you break-out the champagne - Sonders also says our problems are not completely behind us and that there is a reasonable risk of a double-dip recession.
Here's what I want to know.
If the worst is behind us and the economy is on the mend and we've only spent roughly 7% of the economic stimulus money is someone going to send the remaining 93% that hasn't been spent back?
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The stimulus will ultimately cause the double dip in the recession.
ReplyDeleteThank you GOP moderates for this trainwreck of a plan.
We’ll probably learn the answer to all of this by sometime next year.
ReplyDeleteIn the mean time I have expanded the garden and stocked-up on cases and cases of ammo.
As they say in scouting: Be Pepared!