The idea that we ever left the recession is increasingly being realized and proven from data, especially as we see the jobless claims continue to rise now that the stimulus money is out of the picture.
What happened is the hundreds of billions of dollars only masked and covered up the ongoing recession, giving the illusion things had changed for the better.
It's like taking a pain pill and believing because you covered the symptoms of your problem, the problem itself has been taken care of.
The economy isn't going into a double-dip recession, it's simply continuing on with the recession that has in fact never left.
With the government irresponsibly hiring people in order to make it look like the employment numbers were better than we thought, that has unraveled as the private sector is letting go people, not hiring.
This is an issue because someone has to pay for those government workers, and if the private sector isn't able to do it, that only leaves the printing of more money by the Federal Reserve and buying of U.S. debt.
That is a disaster which will continue to debase the U.S. dollar and rack up even more debt the country already can't afford.
As usual, the government is only making the situation worse, and they should have left their hands off of the recession and let things run their course.
Now they're extending it by artificially propping up the data, which backfired because they were hoping to buy time in which they believed the economy would recover, and the focus wouldn't be on what they did because people would be happy things were better.
That didn't happen, and the importance of going back to limited government and getting out of the way of the private sector doing their job is being seen as vital to the future health of the United States of America.
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