December 01, 2008

A recession? How do we know?

If you didn’t watch or read the news, how would you know if the economy was in recession?  By the price of gas?  No.  Gas prices have been dropping for weeks.  Maybe the price of food, but food prices had gone up months ago with the price of gas, which is presently, dropping?

 

Again, how do you know the economy is in recession?  The unemployment rate?  Presently, I don’t know anyone whose unemployed or even facing the possibility of unemployment. 

 

But we are in recession, the MSM says.  Of course they’ve been talking down the economy for about a year or more.   Anyone who’s willing to see and say the truth and that any economic problem was created by the failure of Fannie May and Freddie Mac, two government back financial institutions, which Democrats have run, Democrats by the name of Barry Frank and Chris Dodd.  Let us not forget those names.

 

Now, how do you know the economy was in recession, if you didn’t watch TV?

 

Me?  My life will go on.  So will yours.  Recession or no recession.  Just don’t let the government rob you blind bailing everyone else out.   

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