Friday, January 29, 2010


The GDP did NOT grow 5.7% in the 4th quarter, you can bank on that. The growth that there was in the private sector was in inventories, which could be a BAD sign. Once those warehouses get full and nobody is buying the orders to factories will fall drastically.

Government spending HURTS the economy, not helps. Paul Krugman is a moron, he thinks government can spend us out of a recession. Spending money we do not have.

The debt spending of money we don't have might give us a faux recovery for a little while, but the crash will be much worse because of it. That is right, the governments actions is going to make the fall hurt worse and for longer than it would have been.

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