The Daily Economic Rag (for Ricter)

Tsing Tao · May 31, 2011

Since Ricter loves economic releases that show how awesome we're doing - Recovery 2.0.

The Number of People on Food Stamps Hits New Record

Chicago PMI Plummets From 67.6 To 56.6, Biggest Monthly Drop Since Lehman Bankruptcy

Case Shiller Prolapse Hits New Lows As 20 City Composite Plunges Again, Below Consensus Of -0.2%, "New Recession Low" Plumbed

Sorry for the interruption, was just reading the headlines on this blog. Now back to our regularly scheduled kool-aid drinking session.

Lucrum · May 31, 2011

Reality sure can be a bitch.

BSAM · May 31, 2011

Obama will be reelected in 2012.

Tsing Tao · May 31, 2011

Quote from BSAM:

Obama will be reelected in 2012.

Probably. All those on food stamps will want to continue their meal ticket.

Ricter · May 31, 2011

Hey, I'm doing what I can. The US shops are filling an $80 million order to Australia that will take another 20 months to complete, so those guys are going to keep working. In Canada, well, business is very good here.

I suggest a WPA program for the US asap. But first you're going to have to make the republicans "shut it" for a year.

BSAM · May 31, 2011

Quote from Tsing Tao:

Probably. All those on food stamps will want to continue their meal ticket.

So...The Democrats don't care about what's right or wrong, just as long as they win elections. Sounds just like the Republicans, huh?

Lucrum · May 31, 2011

Quote from BSAM:

So...The Democrats don't care about what's right or wrong, just as long as they win elections.

That sums it up pretty well.

Ricter · May 31, 2011

Quote from Tsing Tao:

Probably. All those on food stamps will want to continue their meal ticket.

Unemployment was 5% before the recession, why do millions suddenly want food stamps now?

Tsing Tao · May 31, 2011

Quote from Ricter:

Unemployment was 5% before the recession, why do millions suddenly want food stamps now?

I'm sorry, is this question rhetorical?

Tsing Tao · May 31, 2011

Quote from BSAM:

So...The Democrats don't care about what's right or wrong, just as long as they win elections. Sounds just like the Republicans, huh?

Yes, so what was your point again?