Thursday, August 13, 2009

Economy-less recovery?

On today's news, I heard the usual drive-by "expert opinions" about how "the economy" is "leveling out" (flat-lining) and poised for a recovery, despite the lack of any evidence "on the ground" (in non-virtual reality). The fact is that the only way there can BE a recovery is to start producing what we need to produce, efficiently and in vast quantities. So, the first sign of a real recovery (besides LaRouche being appointed as chief economic advisor to an actual President), in my opinion, would be a surge in truly productive employment. For a more authoritative take on the "everything-less recovery," see The Reality of the Collapse Destroys the Fantasy of Recovery