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Old 09-11-2011, 06:55 PM   #6
n2Oddw8P

Join Date
Oct 2005
Posts
426
Senior Member
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I would suggest, this environment was created by a 4.6% tax windfall in 2001, and employers squeezing 80 hours or work out of each 40 hour employee, and that it is not a matter of fear to hire and buy, but that the actions of 2001-2009 eliminated the incentive of employers to hire and buy.

The economy is deflated, yet the dow is over 11K..what does that tell you ?
Ok...I'll tell you what it tells you,.,,it tells you employers and stockholders have become acclimated, even happy with a deflated but less costly corporate base...the downside is, 5 years into the process, massive stagflation is a sure bet..we are almost to year 4
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