Comments for Perceptions Over True State of the Economy Are Widening at http://www.jbs.org , comment 1 to 4 out of 4 comments http://www.jbs.org Sun, 21 Mar 2010 23:47:13 +0100 FeedCreator 1.7.3 http://www.jbs.org/jbs-news-feed/5548-perceptions-over-true-state-of-the-economy-are-widening#comment-2741 Michigan has some great prices for vacation homes: Try $700 DOLLARS. The snakes have devalued not only our property but our humanity also!! - Kenneth Creech Wed, 28 Oct 2009 16:26:12 +0100 http://www.jbs.org/jbs-news-feed/5548-perceptions-over-true-state-of-the-economy-are-widening#comment-2707 I saw a sign in a local restaurant that said "Why worry about recession I've failed in booms. Very true, I have been flat broke in an oil boom more than once. But we have more to concern ourselves with than a recession. For instance: A Kenyan publication back in June 27, 2004 referred to Obama as "Kenyan-Born Obama all set for US Senate". If that publication is correct we have a Kenyan-Born president. And Manning of the Lousiana Gun called Obama a "long legged Mack daddy" And he also called him a "communist". Some may call him an opportunist, but an opportunist is the worse kind of communist. They usually survive beyond the first year of a communist takeover. - Sawhorse Tue, 27 Oct 2009 18:01:51 +0100 http://www.jbs.org/jbs-news-feed/5548-perceptions-over-true-state-of-the-economy-are-widening#comment-2705 Detroit, Michigan that the "recession" is over. A friend from the Michigan Upper Peninsula just sent me a report this morning that Detroit continues to be depopulated and along with pictures of entire neighborhoods that are now, once again, empty fields, all the houses having been, or in the process of being, torn down. Recession over my backside. Does this government have even a nodding acquaintance with the truth any more? It seems it filled with nothing but common liars and thieves. - DDW Tue, 27 Oct 2009 13:59:21 +0100 http://www.jbs.org/jbs-news-feed/5548-perceptions-over-true-state-of-the-economy-are-widening#comment-2703 Lewis Carroll wrote in "The Hunting of the Snark": “What I tell you three times is true.” Government economists have been touting this "the recession is over" baloney for awhile now. They believe that if they repeat it often enough it will become fact. The reports "claim" the GDP has increased 3%. How much of this 3% is accounted for by increased government spending and the plethora of bailouts? Just what is the GDP? Is has been repeatedly redefined. Is GDP even the best way to gage an economy? I don't think so. There are several inherent weaknesses in the measurements. "The attempt to determine in money the wealth of a nation or the whole mankind are as childish as the mystic efforts to solve the riddles of the universe by worrying about the dimension of the pyramid of Cheops." - Ludwig von Mises - RP Tue, 27 Oct 2009 12:25:45 +0100