Get Ready

clipped from hotair.com New orders for long-lasting U.S. manufactured goods fell unexpectedly in August, dropping by their biggest margin in seven months, following a plunge in commercial aircraft orders, the government reported Friday. Why will we hit a double dip in the recession without government subsidies?  In part, it will come from the fact that the $787 billion stimulus and other government-subsidy programs don’t address the real problems of the recession.  Cash for Clunkers is a perfect demonstration of this, where massive government intervention gives the appearance of improvement for a very short period of time, but really only results in a transfer of sales from the future to the present, which creates a recessionary period later. The problem with the economy now is the drain of capital from the private markets, both now and especially in the future. Obama’s domestic agenda will only continue the malaise, and the illusion of recovery has already begun to peel away.  Get ready for the downward curve