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   CONTROVERSIAL      Controversial Topics, current events, at      415 messages   

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   Message 9 of 415   
   BOB KLAHN to ALL   
   Recovery   
   01 Jan 11 05:46:30   
   
    Just recently read, the recession has ended, and the country has   
    returned to it's pre-recession level... for corporations.   
      
    They are making the profits they did before the recession.   
      
    It's just people who are still suffering. It's people who are   
    still in recession.   
      
    I was looking into the debt question, studying the rise in debt   
    and the historical rise in debt. What I looked for was periods   
    when the debt multiplied, doubled or tripled or more over a   
    relatively short period.   
      
    In the earlies days of this country I found severl periods where   
    the debt dropped so low it got near zero. Every single case was   
    shortly followed by the debt multiplying.   
      
    Other than that, say from 1850 on, the only times the debt   
    multiplied was in war or recession.   
      
    Now we have both.   
      
    Until we end the war and resolve the recession, for real, put   
    people back to work, we will not stop the growth in debt.   
      
    Just my analysis. Feel free to find some other answers.   
      
      
      
   BOB KLAHN bob.klahn@sev.org   http://home.toltbbs.com/bobklahn   
      
   ... "the Bush administration saw the largest fiscal erosion in American history   
   --- Via Silver Xpress V4.5/P [Reg]   
    * Origin: Doc's Place BBS Fido Since 1991 docsplace.tzo.com (1:123/140)   

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