Dallas Fed Fisher said..
"Our businesses are poised to take off," he said. "They're lean, they've got enormous productivity, they've cut their costs to the bone...We're in awfully good shape, and we're in much better shape, I would argue, than our counterparts overseas."
Here's where you're wrong..
"They're lean, they've got enormous productivity, they've cut their costs to the bone...
All of the above is due to the same thing it's always due to.. When the economy crashed what did big business do?
They got "lean" - Meaning they fired workers
They increased productivity - Meaning they fired workers
They cut costs - Meaning they fired workers
You KNOW it's different this time!
After the 2000 crash the jobs did NOT come back. After the 2008 crash the jobs are NOT coming back. You are SHRINKING the economy! You seek to sweep the unemployed, the foreclosed, the homeless, under the rug. Throw them under the bus. And for what purpose?
As always, to save your solely credit expansion / bubble, debt based, ponzi scheme, nothing BUT F.I.R.E. economy!
We don't CARE anymore! We don't WANT it anymore! You can KEEP your consumerism!
Flush it all away?