Originally Posted by The Demon

It has reached zero growth. It's called deflation. And this isn't a recovery, nor a jobless one at that, it's a double dip depression. I wish the economy would hurry up and collapse so we can get through the bullshit and create a new model. Or perhaps, incorporate the Austrian School as the new "mainstream" economics.


Our peak was the 50s. Then decades of monetary and fiscal mismanagement, coupled with the credit/subprime mortgage crisis, doomed us. Now Obama and Bernanke have brought the concept of "end game" to a whole new level. And you're right, those jobs won't come back.