Recession Didn’t End & Don’t Call This A Recession
Monty Pelerin / EconomicNoise.com
James Pethokoukis is the Money & Politics columnist-blogger for the American Enterprise Institute. He is insightful and a good of economic analysis for the laymen interested in economics. He writes well and delivers data in easy to process form. In short, he should be a must-read for those wanting to our economic situation.
In his latest post he states:
America is not stuck in a sluggish or disappointing economic recovery. It’s in the middle of an economic emergency with more trouble on the way. And it’s time for Washington to start acting like it.
His take is one that I am sympathetic with. In effect, he is stating that we are not in a cyclical downturn but something bigger and more nasty than that. We are in a long-term secular decline, sometimes referred to as a structural decline.
The idea that the recession ended in June of 2009 is a cruel hoax on the American public. Regardless of how you want to describe what is afflicting this economy, it did not end in June of 2009. Many economic metrics have gotten worse since the recession “ended.” Mr. Pethokoukis provides on eight of these and his list is not fully inclusive. For example, he doesn’t touch upon median income declining more rapidly after the recession than during the recession, or the decline in net worth, etc.
To appreciate why we are not out of the recession (or more properly, why we are in something much bigger and worse than a recession), read his article. Anyone claiming this economy is improving or on the right track should be forced to respond to this article.
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
