Monday, July 18, 2011
Misery Index highest in 28 yrs. instead of "Summer of Recovery" do u think it will be "Summer of Misery"?
Well it seems leading indicators are all positive. In fact they have been positive for quite some time now. Maybe you didn't know but we have been informed by the Obama administration that the stimulus was primarily intended to keep teachers, police and firefighter from losing there jobs and that it has succeeded in that. Nearly $800 billion to keep predominantly union workers employed. Now union labor makes up about 6% of the work force. Maybe that is why they keep pushing of another stimulus. They forgot about the other 94% of the workforce. Anyway since the summer of recovery they economy has responded nicely to give us 9.1% unemployment thus far. Not only that but at least one shrimp is in great shape now and it didn't have to pay a penny in gym membership fees. Bravo.
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