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Re: bladerunner1717 post# 97737

Wednesday, 06/23/2010 9:24:11 AM

Wednesday, June 23, 2010 9:24:11 AM

Post# of 257420
Ot Blade,

This talk about the 'double-dip' recession is a bunch of non-sense being pushed by people that have no idea of what's going on.

Everyone defines the recession by the normal metrics and comeup with either a positive or negative outcome. In real life, our economy is much more complex than that.

America has an total employee workforce of about 140 mil people of which 13 mil are unemployed right now. The Federal Government is deficit spending $1.6 trillion this year which is comparable to 26 mil employees out of the 127 mil workers. If our government cut their deficit we'd have 25% unemployment in a heartbeat.

In short, as an economy we aren't even standing on our own two feet yet.

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