The Recovery Will Not be Televised

With apologies to Gil Scott Heron - The recovery will not be televised (unless, of course, Obama’s Pathetic Porker Package gets passed into law).

The February, 2009 forecast from The Conference Board - currently (2/11/2009) available here - suggests GDP will resume modest gains beginning in Q3 of 2009. At that point, the recession will be over - long before the large majority of the Porker Package kicks in.

Unemployment, which usually continues to rise after a recession is over, is predicted to top out in Q1 of 2010 at 9.5% - well below the 10.8% peak in 1982.

If the porker package is passed, the media will falsely claim that the Porker Package deserves all the credit. In the extremely unlikely event that the Porker Package is not passed…

“The Recovery Will Not be Televised”
(Use your imagination):