Archive for April 30th, 2010

99 Weeks Of Checks: A George T. Special

Friday, April 30th, 2010

And that will be it, apparently, didn’t you know there’s an economic recovery on?

This will of course be news to those whose unemployment benefits have run out, whose houses are being foreclosed, and whose futures look bleaker than ever…

So, George T. suggests a reprise of Nena’s old song, 99 Luft Balloons, because we can’t all be Captain Kirk:

Gorilla says: “Just to prove the real world was here!”

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3.2: Not Exactly Richter

Friday, April 30th, 2010

More anemic growth in the first quarter of 2010…

The “recovery” looks like taking quite a bit longer.

In normal recoveries, growth should be well above 5%, enabling more people to be hired.

At 3.2%, unemployment will remain high.

In fact, the Administration is still forecasting 8% unemployment in 2012!

Gorilla says: “The scale this time is more or less Lionel!”

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