27 November 2009

Economy worries

This time of year we should be seeing a traditional upswing in consumerism as the holiday season progresses. The chow hall has CNN, Fox, and MSNBC news on some random rotation. So I occaisionally get to enjoy pundits on each side of the spectrum spew their punditry as I scarf down food prepared by the lowest bidder.

It worries me that the tone set by CNN and MSNBC is that this is a RECOVERY, that the STIMULUS is working. I can't remember the last time I saw such optimism from newscasters. Then again, we haven't had a Democrat in the White House in 8 years...

The truth of the matter will be told in Jan-Mar of next year when the seasonal downswing hits after all the holiday spending. Either the downswing will erase all of the "recovery" we are experiencing now, or it won't.

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