The Hill News

We are being told by our government that they can prevent the next great depression. In fact, they would say they already have with the recovery from the greatest downturn since the Great Depression in the early 1930s. So, why has this recovery been the weakest from a strong downturn in decades? Why has unemployment remained near 10% despite the greatest stimulus program in history with the longer term unemployed rising to unprecedented rates? Why have home prices rebounded only marginally despite the lowest mortgage rates in history? Why have more mortgages continued to fall into negative equity with endlessly rising defaults and foreclosures? Why are businesses not borrowing or investing despite growing cash balances? Why do most consumers not see a growing economy again until sometime in 2012? And why are they suddenly voting Republican in 2010 after suddenly voting Democratic in 2008?

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