The Bush Recession Is Over–The Obama Depression Has Begun!

Posted on August 3, 2009. Filed under: Blogroll, Communications, Economics, Education, Employment, Energy, Fiscal Policy, government spending, Health Care, Immigration, Investments, Life, Links, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Taxes, Video, Wisdom | Tags: , , , , , , , |

 

 crystal_ball

2009-10 Total DECLINE for US Jim ROGERS 1

2009-10 Total DECLINE for US Jim ROGERS 2

 

PETER SCHIFF ON GLENN THE SNAKE BECK SHOW JULY 31, 2009

 

Turning Japanese – Is the US Creating Its Own Lost Decade?

 

Recession Bottoming – Greenspan – Bloomberg

 

CNBC Bulltards – The Recession IS NOT OVER

 

2009-07-16 CNBC: You Owe Investors An Apology

 

Inside Look – How Long Will the Recession Last? – Bloomberg

 

 

JIM ROGERS THE WORSE IS YET TO COME

Dr. Gloom Govts Should Be Fired!

 

The Bush recession that started in the third quarter of 2008 ended in the second quarter of 2009.

Unfortunately, the Obama Depression officially started in the third quarter of 2009 and will not end until the fourth quarter 0f 2010 at the earliest.

The official unemployment rate will exceed 10% in August 2009 and will most likely go over 13% in the second quarter of 2010 before declining.

Inflation or a rise in the general price level will start in 2011 and continue throughout 2012.

Expect wage and price controls to be seriously considered if not implemented by the Obama administration in the second quarter 2012.

If the cap and trade energy tax and mandatory government health insurance with a public option bills are passed in October, the Obama Depression will last until end of 2013 or beyond.

The American people and businesses have lost all confidence that President Obama and his progressive radical socialist Democratic Party know what they doing in regard to economic policy.

The American people are becoming increasingly mad at the willful incompetence of the Obama Administration and the Democratic Party in economic policy matters.

It is the economy and stupid socialists are screwing the American people.

There will be political payback in November 2010 and 2012.

Background Articles and Videos

 

What is a Recession?

 

Related Posts On Pronk Palisades

The Big Economic Picture–Some Perspectives–Videos

United States Economic Depressions–The Good, The Bad, and The Ugly–Obama’s Depression–Over 15,000,000 Americans Seek Full Time Job!

The Triumph of Capitalism and The Power of Consumer Sovereignty Over Massive Government Failure–Bankruptcy of General Motors–Now Government Motors! 

BO’s Raw Deal: Obama’s Two Year Recession and Two Year Hyperinflation–Hopeless & Small Change!

It Is Official–The U.S. Economy Has Been In A Recession for 11 Months and Continuing!

Recession–Recession–Recession–Scaring People–Have A Hot Dog!

Rush Limbaugh: Obama is Destroying the Economy!–Videos


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