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If you adjust the true rate of inflation we have been in a recession for over a year.
People should check out shadowstats . com to see what the more accurate CPI and get more REAL news about the economy.
This "economist" is dead wrong on rebate checks since this money is simply printed from the Federal Reserve, which lowers the value of the dollar.
ggadguy 3 years ago
Good job!! You'll make a good lacky for our future owners.
drold69 3 years ago
Fucking Cathleen Hays, I don't care who is fucking you,
you're ugly BITCH anyways.
BUT, if you don't like
OBAMA get the fuck out of BTV,
NOT A BIG LOSE
.
2009Dolphin 3 years ago
Oil is down! We are saved...
ukiki2012 3 years ago
yea wat the hell was the hype. It was speculation all along, along with an ease in demand of course.
But it will go up again. In the longer term, prices will go up. In the short while, its fluctuations
PandemicMadness 3 years ago
I don't think my rebate checks went to my gas ! and paid off my bills .... we need to stop sending money to foreign countries and stop pumping money in to the economy. This shall raise the value of the dollar again...
krwling1050 3 years ago
He still didn't 'connect the dots.'
To see what happens when the banks and the government end up with all of the real estate, look to Zimbabwe.
wrb1957 3 years ago
MISSION ACCOMPLISHED!!!
scrunchiiface 3 years ago
2002-2005: Fed lowers interest rates, housing continues to skyrocket, cronies on wall street get rich. 2007-2009: government borrows money from fed to try to bail out economy and housing. 2009-2012: fed gets extra $ from tax payers for interest on borrowed money. 2012: Government can't pay back $, people are slaves to fed/taxes, Economy fails, Amero released and Canada/America/mexico become one. People loose entire savings/retirement/social security and continue as modern day slaves.
scrunchiiface 3 years ago
Cool there are smart people alive.
drold69 3 years ago
Spending more borrowed money (the tax rebate) is an idiotic treatment for the problem, which is exactly too much spending on borrowed money.
JrGammel 3 years ago
How come not one question on the Federal Reserve being a private bank, that has never been audited. Nice smoke and mirrors piece...you good people buying this tripe ?
boots920 3 years ago
FED did it! Biaaaatch!
SolitonPL 3 years ago