Obama--the grumblings

[tw]

Originally Posted by tw

We do know one fact. Tax cuts without spending reductions only create short term economic improvement followed by worse economic downturns. Eliminting those destructive tax cuts are necessary to restore actual productivity (and responsiblity) to the economy.

Originally Posted by Undertoad

We'll know by second quarter next year.

Any recovery that does not create further recession will appear typically many years later. Once we eliminate the salesmen, honest statements based in study of other recessions define economic recover in more like four years.

Salesman (ie stock brokers) are promoting a turn around in a year or less. They are promoting sales - not honesty. The economy has been harmed so badly for almost a decade. Time for everyone to pay for a decade of welfare to the rich. This is how economics takes revenge for wealth created by money games.