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Steady on the course towards a downward recovery
Richard Fantin | November 13 2012 | Canadian Trends For the last years we’ve been told bedtime stories about recovery, jobs, and growth. Grandiose bedtime stories of recovery in Europe, fantasy tales about how Fukushima was just a mild problem – growth will resume, just wait. Throughout it all I’ve even heard staunch CPC opponents refer to Canada’s “strong and stable” banking system, usually referring to the revisionist history the left is fond of remembering, ‘Paul Martin: of surpluses and happier times’. Today, news networks are scrambling to get interviews with the “experts” who are always wrong. Today you’ll be able to hear why they were wrong, and why they’re right about why they were wrong. The confidence game is in full swing, confused Canadians: an expert is waiting to persuade you. The reason given for the latest forecast, is “Europe, the global economy, yadda yadda”. The same old shit. Of course, for that to be true these so-called “experts” would have had to believe back in march that Europe was going to correct itself, that the U.S. fiscal cliff (which has been completely ignored all year in favour of massive campaign spending and the presidential reality show) wouldn’t prove to be a [...]
2012-11-14 07:14:48
Source: http://404systemerror.com/steady-on-the-course-towards-a-downward-recovery/
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