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Old 03-02-2009, 07:45 PM   #11
Undertoad
Radical Centrist
 
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
Quote:
Originally Posted by tw View Post
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.
Obama's budget predicts 3.2% growth in 2010, 4% in 2011, 4.6 percent in 2012 and 4.2 percent in 2013.

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