What Happened to the Recovery? - WSJ.com

THE ECONOMY ACTING LIKE SOMEONE SUFFERING FROM DEPRESSION (DUE TO OBAMA POLICIES): What Happened to the Recovery? - WSJ.com


What's interesting is to think of the economy as a person suffering from 'depression'.

My experience is that those suffering from depression can't work as well as they do when they aren't feeling depressed. Drugs can help but after-all, it's drugs.

Obama and his policies are like a bout of depression thrown over the economy. Of course, Obama and his supporters haven't a clue that there policies are casting this pale over the economy.

However, the Democrats have tried to apply all the medication possible - notwithstanding.

I'm not sure how much such a change-of-attitude could be put into econometric modeling as its a broad 'non-driver' of risk taking, investment and job creation.

Luckily, some of the high-tech areas of the economy (think Apple) have continued to do well; and, companies are doing well that are able to export and operate out of the US.

But the down home businesses are suffering.

As with a person suffering from depression, it's hard to eliminate the condition. If the Republicans gain control of the White House and both houses of Congress, then perhaps policies can be changed and a new day dawn.

But, as with people suffering depression, the condition often worsens over time and much gets neglected.