Originally posted by drunkenrepublicn
WORDS---thats all I seen and heard from the links and am amazed just how many people like having smoke blown up their a$$'s because they want to believe every word he says. I wish his words were true, but doubt any of them had any validity, but for America's sake, lets hope he's right for once.
He isn't even close to right. In order for the recession to be over 3 things must occur.
1. Unemployment to decrease largely
2. Real Estate Value must go up
3. The stock market must recover
Even if all of these things happen, then they must stabilize. This is not a simple thing with how involved in foreign affairs we are. Not to mention citizens still freaking out over the idea of the government being more efficient as it will lead to less jobs. Another factor, the way our global society is setup it makes it so all of our economies almost are linked together so if something happens in one market it affects all.
Honestly, if not for the system being compromised with the fact people can live off of it we would be much better off. Unemployment is now at around over 100 weeks last I heard (I don't even bother to check this anymore).
Interesting enough, I think George Washington originally had it right when he said that in order for the US not to be split it must not create political parties and hatred for one another. What needs to happen is republicans and democrats have to work side-by-side therefore the check and balance system be put into effect. This will never happen though, unfortunately.