no recovery

[Bob]

Asset Reflation Does Not Signal Recovery for U.S.'s Collapsed Economy -- Seeking Alpha If all the highly informed people who?ve been waging a war the past six months against rising stock prices would just step back for a moment, they would perhaps understand better that their macro views are supported, not negated, by asset reflation. For it?s this asset reflation that hints at the singular and doomed strategy of our monetary policy, and its overlay on our collapsed economy.

Just so that I?m clear: there is no macroeconomic recovery occurring in the United States. What?s unfolding currently is snap-back from last year?s crash, which led us to the bottom of a spider-hole. The positive bits of macro data, dribbling out here and there, are really just about getting us back to zero. A kind of steady-state, expected to carry on for some time to come. And that?s a best-case scenario.

Amusement Park

You can think of the US economy as a kind of defunct amusement park, over which the FED has poured trillions of dollars of syrupy goo. The caramel candy is there for tasting, but it doesn?t turn the machines back on. The ferris wheel is silent. Since WW2, Washington has always been able to call upon Housing and Autos as the two areas to stimulate, to pull the country out of recessions. Of course, we just did that in super-sized fashion 6-7 years ago, to extract ourselves from the last recession. So, it?s kind of sad to see policy makers trying this again. Failed thinkers promote failed playbooks.

 

[AlphaCrab]

You can think of the US economy as a kind of defunct amusement park, over which the FED has poured trillions of dollars of syrupy goo. The caramel candy is there for tasting, but it doesn’t turn the machines back on. The ferris wheel is silent. Since WW2, Washington has always been able to call upon Housing and Autos as the two areas to stimulate, to pull the country out of recessions. Of course, we just did that in super-sized fashion 6-7 years ago, to extract ourselves from the last recession. So, it’s kind of sad to see policy makers trying this again. Failed thinkers promote failed playbooks.

...or we could be smart and inventive (like WE used to be), and like the Chinese currently are-- and pour $600 billion "stimulus" into new and green technology that we could sell to the world and keep Michiganites employed--or will we sit back, watch, and continue to root ( a la old school) "Drill baby, Drill.?"

We are a nation that wants the easy, immediate way out of everything.

 

[kkddbb]

...or we could be smart and inventive (like WE used to be), and like the Chinese currently are-- and pour $600 billion "stimulus" into new and green technology that we could sell to the world and keep Michiganites employed--or will we sit back, watch, and continue to root ( a la old school) "Drill baby, Drill.?"

We are a nation that wants the easy, immediate way out of everything.

as someone that does international business i assure you the US is still very much the worlds innovator.

we cant pour billions into green technology even though it sounds great. this nation and its inventors and corporations have had green tech for decades. the reason why they cant sell it in america for the most part is the lack of incentive, high taxes and bureatratic nonsense. thats just a fact and i know this for an absolute certainty. and michigan didnt go down the tubes because of the lack of products, but rather the unions and lack of competition due these unions and taxes. again, a fact. and the list goes on and on and on......

your right, we are a nation of easy, immediate and your response has examplified this to the tee. not all things are on the surface like our media especially liberal media would have you to believe. and the longer the american people echo such nonsense, the longer we will push jobs overseas and sell our economic liberties.

 

[AlphaCrab]

as someone that does international business i assure you the US is still very much the worlds innovator.

we cant pour billions into green technology even though it sounds great. this nation and its inventors and corporations have had green tech for decades. the reason why they cant sell it in america for the most part is the lack of incentive, high taxes and bureatratic nonsense. thats just a fact and i know this for an absolute certainty. and michigan didnt go down the tubes because of the lack of products, but rather the unions and lack of competition due these unions and taxes. again, a fact. and the list goes on and on and on......

your right, we are a nation of easy, immediate and your response has examplified this to the tee. not all things are on the surface like our media especially liberal media would have you to believe. and the longer the american people echo such nonsense, the longer we will push jobs overseas and sell our economic liberties.

Without allegiance to any particular party or the ubiquitous Liberal media, I can say that I am in total agreement with much of what you are saying. And I am not a union supporter or one who love higher taxes.