Thursday, April 8, 2010

It Ain't Over

The US News & World Report article, titled How To Tell When The Recession Is Really Over, lists five things that have to change before the recession will be over as far as the ordinary American is concerned.

1) Banks need to lend more
2) Incomes need to rise
3) Housing needs to stabilize
4) Cofidence needs to rebound
5) Jobs need to return

Everything boils down to jobs, jobs, jobs. What is the likelihood that this administration or this Congress will take their thumbs out of that place the sun don't shine and take the currect (non-meddling) actiopns to stimulate the economy?

Hint - it's not bailouts or other throw-taxpayers'-money-at-the-problem solutions.

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