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Re: It's official: economy is tanking

Posted by Easy on Sat Apr 28 13:38:52 2012, in response to Re: It's official: economy is tanking, posted by JayMan on Sat Apr 28 13:31:44 2012.

Maybe and not directed at you, but I think that many people only started speculating that this is the "new normal" in order to to make it look like Obama's policies have done as well as they possibly could. He did everything he could and this is where we are, so this must be as good as it gets. Or so they think.

I've lived through enough downturns and recoveries to know that people often to make broad generalizations based on recent data that turn out to be wrong one way or the other. I fully expect to see a boom for many of us even if there remains a substantial underclass that needs to be supported.

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