the ever-falling sky

John Taylor says "The U.S. economy is headed for a new recession"

but doesn't that statement assume we already EXITED the current one?

American Nightmare

http://blogs.reuters.com/great-debate/2010/09/24/obama-and-the-american-dream-in-reverse/

Less is more.

Learn to live with "more".

"de-incentivizing" growth...

...the Obama Formula

Trillions for Defense, trillions for entitlements - stratospheric spending. What's gonna happen?

food, oil... way up

Hungry?

Want to go places? do stuff?

Expect to pay more. remember the 70s... 80s? Yeah, like that.

Petrochem increases are at the danger threshold. Vegetables up 56% from a year ago... fruits up 29%.

See, the government tracks this stuff: http://www.bls.gov/news.release/ppi.htm

Does anyone in D.C. bother to read this stuff?

More upside down mortgages a comin'

Bring on the pain.