Something Can't Lose Steam If It Never Was

[marmar]

from the Working Life blog:



Something Can't Lose Steam If It Never Was

by Jonathan Tasini
Thursday 16 of June, 2011


I really think the people who talk about "recovery" live in a world not inhabited by most Americans:

The economic recovery that started in mid-2009 is losing steam. The manufacturing sector, once the driver of the recovery, stumbled in May as companies cut back on production and hiring. A persistent slowdown in hiring is the biggest threat to the U.S. economy, the latest Wall Street Journal forecasting survey of economists found.

There never was a "recovery"--it was only a mirage manufactured by people who read some data and mostly politicians who fanned the notion of a "recovery" to further their own narrative. But, when wages are flat, health care is getting more expensive, pensions have evaporated and millions do not have decent paying work--one in five Americans--there is NO RECOVERY.


http://www.workinglife.org/blogs/view_post.php?content_id=15208

[TheWraith]

1. Ahh, Tasini. New York's own Ralph Nader.

Delusions of grandeur and Democrat-bashing a specialty.