Wednesday, September 22, 2010
Economic experts, who have somehow managed to keep their jobs when everyone else has hit the breadlines, have made the startling declaration that the Recession is over...and what's more, it ended in June of last year.
And it's a darn good thing we have experts to tell us, because the average man on the street (or average man sleeping in the street) might have missed it - what with record unemployment, soaring home foreclosures, massive debt, and nearly nonexistent consumer confidence.
But even though we're in a "recovery-less recovery," at least one person has embraced the theoretical end of the Recession as good news: Barack Obama.
Because even he admitted that you shouldn't raise taxes during a Recession because it would further damage the economy.
Considering the huge tax hikes the president plans to implement, that makes it awfully lucky that the Ivory Tower types believe the economy is booming again.
And awfully conveniently timed...