Boom Or Bust Economy: Bust Coming!

Say, American chump moron, that "business cycle" is getting as short as the "24-hr. news cycle", innit? No sooner do you think you're about to start getting ahead than your corporate masters decide they want a little more, & the hell w/ you. Bend over, here it comes again!

Is that moron Kudlow back on the blow?

 Derek Thompson / The Atlantic:

Is a Recession Coming?  —  In December 2007, Larry Kudlow, then a talking head for the business network CNBC, proclaimed, “There's no recession coming.  It's not going to happen.”  That same month, the economy plunged into the worst economic downturn since the Great Depression.

This week, Larry Kudlow, now the director of the National Economic Council, stood on the White House lawn and struck a familiar note: “I’m reading some of the weirdest stuff [about] how a recession is right around the corner. Nonsense,” he said. “Recession is so far in the distance, I can’t see it.”

Perhaps, as morning follows the rooster’s crow, an imminent recession looms behind Kudlow’s latest optimistic squawk. The outcome certainly seems possible if you’ve recently been torturing yourself by following the stock market. After the Dow Jones Industrial Average sank 550 points on Tuesday, the past few weeks qualify as no mere correction, but as one of the worst stock meltdowns of the past few decades. Some analysts say it could get worse.

Stephen Gandel / Bloomberg:   The Stock Market Is Even Worse Than You Think It Is

Sorry, sheep. More "economic anxiety", then a shearing, & then you're mutton. Reduce, reuse & recycle is the new slogan of human resources dep'ts. everywhere.