Day by Day Cartoon by Chris Muir

Saturday, October 1, 2011

Economic reality

An AP article on the front page of the Beloit paper this morning mentions "the recession that ended two years ago".

What planet is the Associated Press reporting on? On Earth, here in the United States, we are getting deeper into the depression that began, for me at least, when the housing bubble Clinton set in motion burst, that Mr. Osama has fueled with his profligate borrowing, printing of money, and cancerous growth of bureaucracy.

Of course, "depression" is such a depressing and non-PC word. I can see why they avoid it. Still, the non-stop reporting of the light at the end of the tunnel is getting real old.

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