Now. I know people aren’t rational here on planet Santy Claus.
And most people like to be happy-smiley and empty-headed. But what is it with people that they’re in such denial that they have to lie to themselves and call this depression a “great recession?” It’s like the myopic, happy talk real estate barkers who, in every town, everywhere, were proclaiming that it was different there, in their town, in their very special and atypically unique, very special town, that prices would not go down.
No. It wasn’t. Not different. At all. And this is no recession.
The paradigm shift has taken a giant, stinking crap on your living room floor and you still can’t smell it. Do you? Mr. Jones.
Get over it. Get out of denial. Get real.
August 11th, 2010 at 8:57 am
The federal Bureau of Economic Analysis said personal incomes of Golden State workers fell by [about $40 billion] in 2009 compared with the previous year – the state’s first year-to-year decline since World War II.
August 25th, 2010 at 9:14 am
Economy Caught in Depression, Not Recession: Rosenberg
September 2nd, 2010 at 2:41 pm
What Is A Depression Anyway, And Why We Continue To Be In It?