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January 7, 2012
Any recovery at all will be done through Craigslist. Selling expertise, one bit a time, and pocketing the cash money.
Whiskey's Place: Where the Jobs Aren't: the Growth of the Craigslist/Moonshine EconomyA few seasonal jobs in December does not a recovery make. Consumers don't have suddenly a lot of money in their pocket. There is no big hiring spree. No massive ship building program as in Reagan's early defense budget. No cheap oil promoting economic activity. No gas price and electricity price drops putting more money in consumer's pockets. Indeed the EPA's rules on coal plants promise to raise electricity rates dramatically over the next few months.
Posted by gerardvanderleun at January 7, 2012 12:44 PM. This is an entry on the sideblog of American Digest: Check it out.