Rejoice at the GDP News

$50K Cottage by the Sea

Kumbaya Moment?

Are you feeling as if the joy and harmony of the world has swept through you and all is right with the universe? You should, the U.S. GDP shrunk by only 1 % last quarter. Yes, that’s negative one per cent Gross Domestic Product growth for the quarter. Did not the administration predict we’d hit 4% positive growth by the end of the year. And aren’t they the same folks who told us deficit spending was the key to long term prosperity? It’s all good news and we should be glad we have been saved by the jr. admin. from IL and his Marxist comrades.

We do not need to look at the other numbers which might give us pause, no we need to charge full speed ahead, buy that new house, car, 60” plasma TV, and iPhone. Yes, the age of consumerism has returned to our shores. We need not worry about paying for the purchases because “bail out central planning” has something in the works to make our lives better.

While other countries of lowly status are bumping along at 3, 4, and 6% positive GDP we should not be distracted from our role as consumers of their products. If we stop spending, China will slow down to 4% GDP as they are on track to hit better than 7% annualized rate and we need to keep their economy growing. After all isn’t that the key to “global” every one contributing?

Also, do not pay attention to the naysayers. Even if GDP is revised down a ¼ or ½ per cent, things aren’t that bad. We’ve only been in negative GDP growth the last four quarters. That is the economists rule for defining a depression. Does it feel like a depression? Naw, just watch the television for the hourly broadcast from “big brother” and he’ll tell you, he’s in charge and everything will be okay if the “stupid people” in congress would pass his legislature.

How long did the Soviet Union last? Hey, Cuba’s still communist, so it can’t be all that bad. Can it? We’ll learn to love living on a few dollars a day income, just as the Cubans have. In the meantime, jr. admin. is taking his family on vacation on our funds. His little hideaway is only $50,000 of our money. So if he can do it why can’t we?

All together now–

“Kumba-ya . . . ..