The Recovery

Your Majesty has read with great amusement the claims of Obama The Thin Skinned that his monetary monstrosity, nicknamed the Stimulus Bill, has engineered the economic recovery. The Emperor seems to recall that the timing of the recovery was predicted about the time it began. The realm's economic wizards originally claimed it would occur last summer but later updated their prediction to the current season. If the recovery has indeed occurred, it is very weak. A small hiccup of economic life in the vast economic valley of death. The Obamanite publicity necromancers have trumpeted figures stating their plan has "saved or created" 1 million jobs but even their own ideological allies in the Associated Press scoffed at their preposterous claims. It is possible the Obomanites saved a few teacher jobs and may have created a few temporary positions in the numerous unnecessary and wasteful infrastructure projects but they are all swept away in the enormous tidal wave of crushing unemployment throughout the realm. The small, strained, fetid burp of economic growth that occurred as a result of government assistance with automobile and home purchases has already died and been buried beneath the avalanche of massive public debt that the stimulus spending incurred. It pains the Emperor to point out the obvious but our beloved subjects are far from seeing a real economic recovery such as they may recall from the 80's. In fact, the recovery will likely be weaker and later than expected due to the foolish policies of the ruling Order of the Donkeys. The latest spending trends of the people indicate the truth. Our beloved subjects have little in the way of coin and hoard it against the possibility of a deeper economic crisis and the certainty of higher taxation. The vast sea of government spending at the federal, state, and local level has exceeded the revenue confiscated from the citizens through their taxes. The massive socialistic gravy train of opulent entitlement programs has long been fueled by the taxation blood ticks that suck economic life from the great stream of consumer spending but now that the stream has been slowed to a trickle, the bloated parasitic socialist programs have turned to feeding off the muscle and sinew of society itself. Local communities suddenly find they have no money for education, emergency services, or public administration because all the funds have been swallowed up by the fat sows of socialism. The realms local provinces are forced to raise galling taxes on sales and property in and effort to prevent the total collapse of the community but find the villagers are already close to the breaking point and getting rebellious. His Majesty encourages his beloved subjects to follow their good instincts and conserve their meager earnings in anticipation of day when the Order of the Donkeys no longer hold sway over the realm and life may begin again.