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View Full Version : Jim Willie "US recovery is a fairy tale"



Large Sarge
6th November 2012, 02:39 PM
http://www.youtube.com/watch?v=3rFLJ-bMfCs

chad
6th November 2012, 02:41 PM
duh.

Neuro
6th November 2012, 03:12 PM
That seems right he highlights the statistical ongoing fraud. Looking at hard numbers such as social security and pension fund contributions, and income taxes, shows that the recession is deepening.

Ponce
6th November 2012, 09:38 PM
So simple......."No Export = No Recovery"... Ponce

And evern then........most of the recovery money would go for war.....so......we aint going nowhere.

mamboni
7th November 2012, 01:45 PM
As it is, here and now, post-Obama re-election:

http://spiralcalendar.com/wp-content/uploads/2012/11/110712analog9817-b.gif

palani
7th November 2012, 02:05 PM
Coast to coast guest last night had an interesting observation.

As a result of Obamacare corporations that hire more than 50 employees will be slam dunked. Under old rules a part time employee might work 34 hours without losing that classification. Under Obamacare the division between full time and part time drops to 30 hours.

The response of many of these corporations is to only allow workers 25 hours a week. So they need to hire more part time workers to cover their needs. That is the reason why unemployment figures have gone down. It is not a recovery so much as a response to Obamacare.