Saturday, August 28, 2010

I Blame Merkel

Well, this is annoying. Germany is coming out of the recession better than we are.
...the U.S. economy is scuffling along.

The German economy, on the other hand, is growing at a sizzling (and obviously unsustainable) 9 percent annual rate. Unemployment in Germany has come down to pre-crisis levels.
This is impossible, of course. The Germans spent very little on stimulus. We spent a whole bunch. But they're the ones with a stimulated economy.

Borrowing from Peter
to blow some cash on Paul
didn't seem to help us much
at all.

1 comment:

  1. We're a fat, lazy, and entitled bunch.

    Learn some skills or no more lunch.

    ReplyDelete