Economic Recovery Revisited – Economists & Fed Declare Recession is Dead. Real folks don’t believe it. Twelve top indicators that the economy is bad from Rights Radio resident forensic economist, Dr. David Goldenberg.
YOU KNOW THE ECONOMY IS BAD WHEN…(in reverse order)
12. CEO’s are now playing miniature golf.
11. I received a pre-declined credit card in the mail.
10. I went to buy a toaster oven and they gave me a bank.
9. Hotwheels and Matchbox car companies are now trading higher than GM in the stock market.
8. Obama met with small businesses — GE, Pfizer, Chrysler, Citigroup and GM — to discuss the Stimulus Package.
7. McDonald’s is selling the 1/4 ouncer.
6. People in Beverly Hills fired their nannies and are learning their children’s names.
5. The most highly-paid job is now jury duty.
4. People in Africa are donating money to Americans. Mothers in Ethiopia are telling their kids, “finish your plate; do you know how many kids are starving in America?”
3. Motel Six won’t leave the lights on.
2. The Mafia is laying off judges.
And my most favorite indicator of all.
1. If the bank returns your check marked as “insufficient funds,” you have to call them and ask if they meant you or them.
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To your economic recovery rights!