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« Consumers Cherry Pick Black Friday Sales | Main | Still With Us »

November 29, 2009

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Michael - didn't you get the memo? The recession is over - everything is ok - the economy is rebounding, and unemployment numbers are improving.

don't sweat the fact that people literally cannot afford to put food on their tables... it's irrelevant - the economic model says so.

/sarcasm

The economy has already devolved to 1996, with no change in the behavior at issue.

If capital allocation is not restored to within the required parameters, the economy will fall through 1982, and temporarily land somewhere in the neighborhood of 1974.

Opportunity costs are accelerating exponentially. If you cannot calculate these costs, you are an economic slave. If you are in a position to break out of this psychology, now is the time to do it at the least cost.

Do not expect assistance.

This is a link to an interactive map showing foodstamp usage across the country, on a county by county basis:

http://www.nytimes.com/interactive/2009/11/28/us/20091128-foodstamps.html

http://www.independent.co.uk/opinion/commentators/johann-hari/the-dark-side-of-dubai-1664368.html

with all the financial implications of Dubai swirling around since last wks bomb, i believe the world is missing the larger damning question that needs to be asked directly to Obama on national TV in front of a world audience, which i will phrase from a personal standpoint:

why, as a physician and healer of Americans, are my hard earned tax dollars (along with theirs) being funneled to Citigroup in the form of a multi billion dollar US taxpayer bailout, who then openly funds Dubai World who then uses those same funds to setup slave camps, kidnap multinationals, force inhumane labor conditions which then lead to the shearing of families, suicides, and death?????!!!!!!!!

i believe this larger issue is the one which Obama cannot escape and could lead to his political downfall. no one on Capitol Hill seems to care that he's in bed with the banksters. perhaps someone up there will care that he is condoning human rights violations.

I agree with Kid Dynamite: the recession has officially been declared to be over, and all this talk about people being hungry and mortuaries flowing over because people cannot afford to bury their relatives is nog going to help. Why don't you limit yourself to reporting about things that really matter, like Wall Street bonuses and CEO compensation packages?

/sarcasm, too.

I wonder how many of these poor souls have been fooled by the rhetoric
of the Reagan's, Thatcher,Friedman,Greenspan and all the other advocates
of the so called "FREE" market.Did they ever consider that slavery was a
product of this illusion called FREE market.

I was out this weekend. It didnt look like anyone has less than two portions per
meal in the US. If you look at the waistines, you couldnt possibly think there is hunger in our county.

@jogleaso: Cheap food (Ramen, $1 menu at McD's, mac & cheese, etc.) is unhealthy food. Most poor people are fat because they eat unhealthy, cheap, high-fat, high-fructose-corn-syrup food.

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