Monday, November 23, 2009

American Thinker: Americans Are Messaging Each Other 'S.O.S.'

American Thinker: Americans Are Messaging Each Other 'S.O.S.': "In many and varied ways, Americans are tapping out the international distress signal to each other since Washington, D.C. isn't listening.

To all except the most zealous supporters of the Democratic Party, the intentions of the party in power have become clear in less than a year. It's also clear that there's not much we citizens can do about it until the 2010 elections. For now, we hunker down and watch the train wreck in slow motion. This is not defeatism. For now, it's reality.

Meanwhile, the noise surrounding the decline of the U.S. economy has taken on a contradictory surrealism of sorts.

In the Globe And Mail, economist Nouriel Roubini writes,

The story of the U.S. is, indeed, one of two economies. There is a smaller one that is slowly recovering and a larger one that is still in a deep and persistent downturn ... So, while the United States may technically be close to the end of a severe recession, most of America is facing a near-depression. Little wonder, then, that few Americans believe that what walks like a duck and quacks like a duck is actually the phoenix of recovery.

On the flip side, Law & Order actor Sam Waterston, a certified liberal, narrates a financial firm's TV ad wherein he suggests that the recession is showing signs of being over. He mentions 'green shoots' and hints that now's the time to jump back into the market. Of course, it's all qualified with maybes and could bes. Most of us are not seeing short shoots by a long shot.

The president has recently declared himself concerned about the federal deficit. It rings as hollow as if Willie Sutton had said, 'I've stopped robbing banks, even though I know that's where the money is and I still like saying 'stick em' up.'' The national debt will climb boldly through the foreseeable future. It's no longer the elephant in the room. It is the room."

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