Double-Dip Recession

"Talk of a Double-Dip Recession: Political and Premature" by v. johns

I agree with University of Central Florida economist Sean Snaith, a registered Republican, that the month of May’s dismal jobs report is merely a “soft patch” in an otherwise continually improving economy. All this talk of a “double dip” is simply an attempt by those who loathe President Obama –- Republicans -- to play politics with the psychology of the American people. Why? So that our consumer confidence will drop, lower demand and keep the unemployment rate high through 2012. The intended result being: a bad economy equaling a bad  election day for Mr. Obama. How silly.

As long as Americans continue to play the same old  good economy/bad economy game instead of firmly demanding that our lawmakers get serious, once and for all, about fostering a healthier job creation environment for mom-and-pop shops and innovative startups, many of us will continue to suffer through this dull economic lull that our lack of imagination has rout. In the meantime, deficits and debt be dammed, whether it be to no apparent avail or not, I urge anyone truly serious about building and constructing the next evolution of the American economy to call, write or visit their congressmen, lawmakers, and business leaders to demand robust investment in those things that are going to put real money, real food, real change and real progress on everybody’s table.

With small businesses, home owners, college grads, retrained workers and green-industry startups leading the way out of this thing, for good, we should see our economy perk up, pick up and remain strong for some time to come. But unless and until these basic groups of people are shown the same red carpet treatment as too-big-to-fail banks, Wall Street firms, the top 2-percent and giant, monopolized tax-evading corporations that hoard cash and create jobs overseas, then of course, we run the risk of a “double dip” recession -- one with even more dire implications for future economic downturns…

All things equal, however, it’s one thing for such a thing to happen. It’s quite another thing altogether for us to talk ourselves into such a situation. Am I wrong?

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