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Saturday, March 31, 2012

Everything Is Going To Be Alright?

Everything Is Going To Be Alright?

Everything Is Going To Be Alright?

Is the U.S. economy going to be okay?  Well, if the only source you listened to was the mainstream media, you would be left with the distinct impression that the U.S. economy is heading toward a full recovery and that everything is going to be alright.  Unfortunately, that is not the case at all.  The United States is rapidly becoming poorer as a nation and less competitive in the global marketplace.  At the same time, consumer debt levels are rising, corporate debt levels are rising, state and local government debt levels are rising and the U.S. government is indulging in a debt binge unlike anything the world has ever seen.  Considering the insane amount of money the U.S. government has been pumping into the economy, we should have seen a much more robust recovery by now.  Instead, the employment statistics have barely moved and government dependence is at an all-time high.  That is really sad, because this is as good as "the recovery" is going to get.  The next major economic downturn is just around the bend, and in future years millions of us will desperately yearn for the "good old days" of 2012.
Below, I have compiled a list of things that I have entitled "Everything Is Going To Be Alright?"
It is composed in the form of a song, but it really isn't meant to be sung.  It is probably actually more of an economic horror poem than it is a song.  What I have tried to do is to point out the absurdity of what we are all being told by our politicians and by the media.  Hopefully you will enjoy reading it as much as I enjoyed writing it....
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Yahoo is going to be laying off thousands of workers starting next work.
Don't worry about a thing - Barack Obama says everything is going to be alright.
Best Buy has just announced plans to close 50 stores.
Don't worry about a thing - JPMorgan Chase CEO Jamie Dimon says everything is going to be alright.
The mayor of Los Angeles has announced that the city will be laying off "a large number of employees".
Don't worry about a thing - Barack Obama says everything is going to be alright.
Baltimore is so broke that it has decided to look into selling off some of the most famous historical landmarks in the city.
Don't worry about a thing - the mainstream media says everything is going to be alright.
The city of Costa Mesa, California is so broke that is has decided to sell off its police helicopters.

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