I Hate to Say I Told You So...

Good news: Economy grows 3.2%, a healthy, sustainable rate.

Bad news: A good chunk of that is illusory, borrowed from our kids, as the “stimulus” sucks the future dry to make today feel a little better.

Worse news: Unemployment remains unacceptably high (and underemployment is even worse), as businesses continue to sock money under the mattress, rather than hire new workers. Because there’s no way to tell what taxes, fees, regulations, requirements, benefits, etc., Washington is going to stick them with tomorrow. And next week could be even worse.

So, “take this job and shove it” remains the order of the day.