THERE IS A LOT OF TALK THAT JOBS ARE SOMEHOW BEING CREATED IN THIS DEPRESSION ERA ECONOMY... WHATS THIS ABOUT...?
THE EBB AND FLOW OF THE DEPRESSION...WITH THE XMAS HIRING OF TEMPS...MADE FOR A TEMPORARY UP TICK IN THE JOB LOSS NUMBERS LAST MONTH...
BUT THE NOTION THAT JOBS ARE SOMEHOW BEING CREATED IS NONSENSE...
MOST OF THE ECONOMY ...OUTSIDE OF WALL STREET AND THE FED FINANCED "NEW BUBBLE"...IS STILL DEEP IN DEPRESSION...
THE STATE AND LOCAL GOVERNMENTS WILL SOON COLLAPSE...ONCE THE FEDERAL "STIMULUS MONEY" RUNS OUT....
YET...PER USUAL...THE FAKE RALLY ON WALL STREET...THE BERNANKE RALLY...HAS EVERYONE GIDDY ABOUT THE END OF THE DEPRESSION...
IT AIN'T GONNA HAPPEN...
THE JOBS NUMBER ON FRIDAY WILL BE MUCH WORSE THAN EXPECTED...AS 2010 CONTINUES THE STRUCTURAL DECLINE IN THE US ECONOMY...
INDEED THE PASSAGE OF HEALTH CARE REFORM COULD SLOW THE GROW IN "ASS WIPING" JOBS IN HEALTH CARE...AS THE HEALTH MONOPOLIES AWAIT THE FINAL BILL IN CONGRESS....
HOLD ON TO YOUR DOW 10,000 PARTY HATS...YOU'LL NEED THEM LATER THIS YEAR...
