There is recovery in US

But the recovery is not coming from US consumers. It is coming from US government bail outs, US FED QE and 0% interest rate policy, US government tax credit to housing and auto, US government contracts to US corps. Those are major sources where money come from domestically.

US multi-international corps get profit from offshore markets, but they are not paying US taxes. So US J6Ps are suffering not prospering (such as more teachers will be cut. more people will live on food stamps. etc.)

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经济繁荣看的是私人企业的繁荣 -虎落平原- 给 虎落平原 发送悄悄话 虎落平原 的博客首页 (387 bytes) () 04/08/2011 postreply 10:11:20

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