• February 13, 2012

recession

Barack Obama is on an economics campaign tour this week, traveling to various sad places to let people know there’s still hope, but not really. Today, for example, Obama visits Flint, Michigan — the ruined auto-factory town that primarily serves as a backdrop for sad economic speeches, ever since Michael Moore destroyed the once-prosperous city [...]

BUT ENERGY STOCKS ARE DOING OK! Remember how all the government economists said the second half of ’08 would be better? They lied. [Newsweek]