Thursday, December 3, 2009

What recovery?

Globe on top of a variety of different currency notes and coins, representing foreign exchange (similar to another image but the sharpest focus is on the currency) photo

Figures are in. Employee are getting lower wages. Macy's said Thursday its same-store sales fell worst-than-expected 6.1% from last year. Let me see, last year we were in free fall and in a recession. Debunkers say "Listen, you're crazy, everything is fine." Do the math. People are losing jobs, those who still have jobs are getting less hours, and many are forced to take cuts in wages.

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