EPIC DISCONNECT

6 comments

Posted on 24th January 2013 by Administrator in Economy |Politics |Social Issues

This has been the worst economic recovery in history from a GDP standpoint, but one of the better stock market recoveries. Do you think this is a mistake? Who has benefitted financially from the policies implemented since 2008?

6 Comments

  1. Eddie says:

    When momentum becomes everything in the markets, as in today’s HFT, then value becomes nothing, and the markets just become a sophisicated way to gamble.

    Oh, look. The house wins again.

    Well-loved. Like or Dislike: Thumb up 13 Thumb down 0

    24th January 2013 at 10:22 am

  2. Olga says:

    Just listened to Mike Krieger @ SGT and his take was the stock market is to the wealthy (well off?) the canary in the coal mine – i.e., no need to worry about any damn thing – or question the status quo – if the stock market is going well.

    Information control – a subtle form of mind control.

    Like or Dislike: Thumb up 3 Thumb down 0

    24th January 2013 at 11:17 am

  3. Llpoh says:

    But, incredibly, Obama maintains his popularity.

    Well-loved. Like or Dislike: Thumb up 5 Thumb down 0

    24th January 2013 at 2:59 pm

  4. card802 says:

    Llpoh, I don’t get it either. Obama is a master salesman or a Yoda from the dark side.

    He could sell America on eating radiated turds, and his mindless followers would eat.

    Well-loved. Like or Dislike: Thumb up 7 Thumb down 0

    24th January 2013 at 3:57 pm

  5. Colma Rising says:

    Look at GDP gaps following downturns accompanied by banking crisis and this isn’t all that unusual.

    What is unusual is the actions taken to “fix” the banking crisis….

    How irrelevant these actions are in shoring the gap….

    Yes: Only contract-denominated recovery and this with fuzzy stats. Roll with it.

    Like or Dislike: Thumb up 2 Thumb down 0

    24th January 2013 at 4:34 pm

  6. underfire says:

    GDP is truly amazingly poor when considered against the backdrop of the mountains of debt, and the contortions of the government number fudgers, to get us what feeble economy we do have.

    Like or Dislike: Thumb up 2 Thumb down 0

    24th January 2013 at 7:22 pm

Leave a comment

You can add images to your comment by clicking here.