muses of the moment

November 2, 2012

This sounds like reality

Filed under: Economic Crisis, The Dollar Crisis, The Financial Crisis, Unemployment — totallygroovygirlfriday @ 1:26 am

Groovygirl, like the author, has been puzzled by the rosy economic picture the financial TV talking heads have been suggesting from Sandy.

Click here.

One-fifth of our country just got slammed and flood waters are not covered (as we found out in Karina) by insurance. And if the government bails out NY/NJ victims when they didn’t for New Orleans? gg thinks some people will be a little upset.

This hurricane is a short-term (4th quarter 2012) and long-term (3-5 years) economic problem. People have a short memory, New Orleans still isn’t where it was before Katrina.

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