Economic Hell

On December 22, 2008, in doomed, by admin

Krugman’s economic hell op-ed piece today is starting to explain just how bad next year will be.  However, there is still too much optimism in his analysis.  Krugman says he is optimistic for 2010.  Here’s the problem.

Ordinary people are going to be destroyed in 2009.  There will be no recovery  for these people in 2010.  There might be a minor recovery for some businesses.  The unemployment rate will drop because it is a fraud number and it never represents the true state of employment — it is tied to unemployment benefits and once they end the person is considered employed — stupid, eh? — it’s just a political number.

The economy is not going to bottom until the stupid Republicans capitulate.  For example, Larry Kudlow and Charlie Leisman need to be fired from CNBC because of their constant right wing Pollyanna bullshit.  Kudlow and Leisman are hateful, supply-side, bastards who are sitting on their overpriced jobs declaring elitist bullshit.  It was precisely the policies that Kudlow and Leisman believe that caused the economic collapse. Once these assholes are fired, acknowledging the bankrupt ideas, there just might be an economic bottom.

Stimulus programs are great but there needs to be basic living wage money given to  all Americans who need them.  There needs to be housing and food allowances.  Plus, universal health care because everybody (excluding irrational assholes) sane knows that you can’t count on private companies for health care.  Privatizing social security might just be the most stupid thing that has ever been proposed and yet virtually all Republicans think this is a good idea.

America is doomed.

 

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