Wednesday, August 13, 2008

The Recession That Wasn't


Hobo
Original photograph by
luxomni
For the last two years, the conventional media has been trying to convince us that there was a recession going on. There purpose was and is to influence the outcome of the 2008 Presidential elections. They have no concern who is hurt by any result of this; in true Marxist spirit, the end is more important that the means.

Also in true Marxist spirit, words mean only what they want them to mean. The truth is, that a recession actually has a definition -- two quarters with negative economic growth. We never actually had one quarter despite the New York Times' best efforts, constantly announcing the dismal forecasts even before they became a self-fulfilling prophecy. Now we are up 3 percent for this last quarter. There is a strange quiet in the Times and the alphabet networks.

There is no way to measure the damage that has been done to us mere ordinary people's lives and futures by this political ploy. One can only hope that their retirement funds are as adversely affected as the rest of us great unwashed Americans.

1 comment:

luxomni said...

Footnote: They got their Recession and maybe even a Depression. Now that they managed to get their man elected, can they, the Press and Media Pundits, stop the recession they started?