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Replies to #49153 on OracleTrading
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downsideup

08/28/09 5:38 PM

#49154 RE: downsideup #49153

Laura Tyson smiling broadly, grinning, and talking on CNBC...

Saying, the stimulus is, by design, just now kicking in, that it will be sustained this quarter, into the end of the year and the first quarter of next year...

I listened carefully waiting for the inevitable... that would allow me to throw the necessary rocks... and it never came.

I hate having to leave that there... but, yeah, that isn't anything different than what I said here back in Feb/Mar.

Back then, of course, it was a (proper) criticism that the stimulus impact was purposefully being delayed that long... meaning that the damage that has been done to the economy and the hurt that has been inflicted on the people (real unemployment at 16%) that has occurred since then... and didn't need to happen... really was something they wanted and intended to have occur. I feel better... noting that Tyson is in fact grinning widely about a "success" in delivering 16% unemployment... but, only better about my own success in still justifying the rock throwing, not better about the fact it is necessary.