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Tony Hwang Tony Hwang is offline
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Default More Americans Worse Off Financially Than a Year Ago

Frank wrote:
On 1/16/2014 7:44 PM, Tony Hwang wrote:
The Real Bev wrote:
On 01/15/2014 04:31 PM, Stormin Mormon wrote:

When each year gets worse, who in his right
mind calls that a "sustained recovery"?

Oh, wait, politicians do. Nevermind.

"Recovery" = "It could have been worse."

Hi,
Isn't that what happens when a country or household live beyond their
means? Some thing has to give..... but what can you do? Money does not
grow on the trees, print more money? I guess not.


US government has been printing $85 billion per month although they are
cutting down to $75 billion with "recovery".

Said not to cause inflation but you ought to see how they calculate it:
petroleum products and food as commodities are excluded and other things
only a warped economist would love.

Hmm,
Inflation? May be price stays same but noticed deep con caved bottom of
fruit jam jars, mandrels on toilet paper diameter getting bigger,
etc., etc. Economic woes U.S. is facing now started way back in the days
of Nixon, and Greenspan. Greenspan is not a trained economist,
he is a mathematician. Read his biography?