I love this denial! The private sector has created well over a million jobs in the past year, with 700,000+ in the last three months alone. The economy has grown in each of the past five quarters. Inflation is still at or below targets. Consumer spending is on a slow rebound.
But of course, that's not a recovery because...well, because conservatives can't allow a recovery. They need gloom and doom in order to win. What's good for America is bad for conservatives.
Notice how I do not quote you out of context. Please afford me the same courtesy.
I quoted your entire paragraph.
Yes.
I invest in both stocks and real estate. As I stated in my original post, the dollar has been falling. That's why commodities where so high. They have fallen because of a dollar short squeeze. They are going to climb again. The dollar will fall, it has to. The government has printed way too many dollars. Inflation is caused by deficit spending and we have a lot of it. The federal reserve will have to raise interest rates and that is by like throwing the breaks on the economy. Unemployment will increase, a lot.
With the monetary base expanding by double and the broader measures barely moving - or declining - I don't think we need to be concerned about inflation at the moment. quite the opposite, in fact. The Fed has made it clear that it won't touch interest rates for at least the next 6 months and it certainly won't take steps towards normalized rates until job creation is significant and stable.
By November 2012, unemployment will be double digits. Gas will be $8.00 per gallon. Silver will be $150 per oz. The Dow will be under 6000. We won't elect Obama to deliver the mail.
I'm gonna store this little prediction away, just in case you're still around in November of 2012.
You're an evil investor and yet you support Obamush. Somehow I just don't believe you.