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Secret Recession?

By Mumia Abu-Jamal  Posted by Hans Bennett (about the submitter)     Permalink
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[col. writ. 12/2/08] (c) '08 Mumia Abu-Jamal
 
 
    Now, we know.
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    Not only has it been officially confirmed that the U.S. economy is in a recession, but the nation has been in recession since December -- 2007!!
 
    Is it just me, or have I seen sitting president, G.W. Bush say, repeatedly, that 'we're not in a recession?'
 
    Is it possible that the man with a master's degree in business administration didn't know what a recession was?
 
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    Or is it simply that his aides didn't tell him?
 
    Or is it that he didn't want to acknowledge it, as this would be but another stain on what can only be called his dysfunctional presidency?
 
    With over a million jobs lost since the first three quarters of the year, the nation's biggest banks crumbling in hours, and with two wars being fought on a Chinese credit card, how could we not know?  How could he not know?
 
    Did the members of the administration handling finance keep it a secret from the President?  Or did the presidency keep it secret from the People?
 
    Now comes the report from the National Bureau of Economic Research confirming what millions knew by just looking out the window, or strolling in a mall.
 
    Now, it's official.
 
    If ever anyone wonders if they can trust their politicians, remember the recent assurances to millions -- "we're not in a recession", we're not in a recession...."
 
(Do you believe it yet?)
 
--(c) '08 maj

 

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