Tuesday, November 2, 2010
Mystery Solved
What caused the recession?
Not any of the economic fundamentals.
Economies are nothing but human behavior.
CONFIDENCE
Lack of confidence, loss of confidence, that is what a recession is!
Go back in time to January 2007. Democrats recaptured control of the house. Economy faltered. Recession ensued.
MYSTERY SOLVED
"Change"
And what made the recession get worse?
Fear of Obama!
FEAR of Democrats controlling the government caused the lack of confidence.
SAD BUT TRUE
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