Author Topic: Blow Up the Fundamentals of Our Economy  (Read 680 times)

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RoboPoster

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Blow Up the Fundamentals of Our Economy
« on: August 12, 2010, 12:30:04 PM »
Blow Up the Fundamentals of Our Economy
                                       


 Richard Florida, New Republic
Speaking at a health care reform rally in Raleigh, North Carolina, in July 2009, President Obama declared that the worst of the recession was over. A year or so later, with midterm elections looming and an electorate that is as fearful and angry as any in memory, the stock market has risen, but even a breath of bad news can send it tumbling. As dismal as housing prices continue to be, they have yet to hit bottom in some places. Unemployment remains frozen at an overall level of nine-plus percent, and job creation has been anemic. If the crisis belonged to George W. Bush, the recovery has been...

http://www.realclearpolitics.com/2010/08/12/blow_up_the_fundamentals_of_our_economy_239495.html