Hope & Change
Image courtesy loremipsum.com
Then I guess you'd be ok with all of that talk of 'hope and change."
Today the Labor Department released data showing that unemployment had inched up to 9.1% in May and Moody's Investment Services warned that the Fed is facing a downgraded credit rating.
The White Houses's response? That all of this was just "bumps on the road to recovery."
I'm not sure what road they're skipping down, but something tells me that it's yellow, made of brick, started in the blue country of Munchkins and ends in the Emerald City- where they are hoping that a wizard will be to give them their courage, brains and hearts back.
With the housing market no longer contributing to the economic growth of the country and the slow down of the manufacturing sector, the environment for creating jobs is meager at best. Combine that with the stalemate between the administration and Congress on how to reduce the deficit, it's unlikely that recovery is in sight.
Someone must think that stopping off at the poppy fields and "bumps on the road to recovery" are synonymous.