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Reply #4: What recovery? [View All]

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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-11 05:37 AM
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4. What recovery?
Oh, yeah, the open air casinos on Wall St. are back up and booming, and the GDP, a number that is rigged in many different ways, has had a fairly enemic rise.

But if you look at what's going on in the real world, where there are tens of millions unemployed or underemployed, where wages are going down, where housing is still bumping along the bottom, where prices are going up, where the middle class is still shrinking, guess what, there is no recovery.

There is only an illusion of recovery, but the fact of the matter is that our economy still sucks, and in the real world, millions and millions are still suffering.
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