There Has Been No Recession

There has been no recession. There has been no recovery. It is all a matter of perspective.

When the second President Bush was in office, he inadvertently accentuated a program, which had been started many years before by Presidents Roosevelt, Carter, and Johnson, and which will ultimately lead to a complete restructure of the economy and social culture of the US.

We then elected Pres. Obama on the basis of a promise of "change". The content of "change" was unspecified, nor was a specification necessary at the time. After all, campaigner Obama was a wonderful speaker, excellent appearance, and was able to make emotional promises which we easily believed. We did not know at the time that Pres. Obama's "change" interpretation meant a headlong acceleration to socialism. We now have that.

From that perspective, we are only now in the intermediate phases of change. The standard of living of the American people has not been growing. It is controversial as to whether it is declining, but it eventually will, as American wealth is redistributed to others of the world, who have been less fortunate. Perhaps this is as it should be, since we are a compassionate people.

We are also only in an intermediate phase of unemployment, which presently stands at 9%. In fact, this will decrease to zero. All citizens of the previous Soviet Union previously had complete employment, as do the present citizens of Cuba, and North Korea. The Soviets all did and the others still work for their governments.

Pres. Obama does not completely specify this program. Perhaps because he doesn't quite understand it himself, but more likely because there is still a broad segment of the US population, who believes in private enterprise. He doesn't want to get them aroused, although he has so far been unable to control talk radio which is mostly against his programs. Perhaps he considers talk radio unimportant or has not yet figured out how to exercise control. There has already been talk in the Congress of shutting down talk radio.

All told, we are moving nicely in the direction of autocratic socialism. There had been and will remain a few bumps and hazards along the way, such as high unemployment, high gas prices, massive national debt, the prospect of higher interest rates and inflation, etc. But in the long run, we will all be happy and content in our autocratic socialistic lives. Government will handle all of our responsibilities, which we have had previous difficulty in resolving.