Quote:
Originally Posted by DaddyHalbucks
Before this last
recession, since the Great Depression recessions in America have
lasted an average of 10 months, with the longest previously at 16
months. But here we are today 48 months after the last recession
started and there is still no real recovery. Instead, we have record
poverty, and record extended unemployment.
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You really think this latest recession was going to be "just another 10 month recession"? Look at what CAUSED it. The system is completely fucked and isn't just going to "come around".
I don't like Obama either but even if he actually did a good job, I don't think we'd be out of the recession. Look at what the Fed supposedly secretly HAD to do to prevent widespread banking failure. Either they did have to spread trillions of secret money into banks like they said, or they didn't and it speaks to how fucked up the current system really is and how the president really doesn't mean jack shit in the end anyways. Which is it?