IT IS OFFICIAL

The Democrats of the United States gained a huge victory over the well heeled big wheels and Republicans in the elections of 2008, but this article is about something else.
The National Bureau of Economic Research has officially declared The United States is in a "Recession". Moreover, this organization admits this has been the case at least since last December. While it is reassuring Americans have "private" industries with deceiving names being well paid to state the manifestly obvious [There's Your Financial Crisis] most front line Americans have been well aware something is amiss for quite a while.

THE ECONOMIC CRISIS is the natural result of 25 years of
"trickle-down" economics and a culture of corruption and greed which began with "Reaganomics" and exploded under the unfortunate presidency of George W. Bush. While a majority of voters finally after a quarter of a century rejected the fiscal make believe of the Republicans, the question is now: Were they too late?
The Banks have received their "bailout" while modest tax payers are once again left holding the bag. Since most Americans alive during The Great Depression are gone, those whom have failed to learn from history are doomed to repeat it. At the beginning of this year, all but those in complete denial (or those who benefit from the crisis)knew the economy was in serious trouble. This was during the time George W. Bush and John McCain along with the rest of the Republicans were assuring Americans the economy was in great shape. Almost everyone who wasn't at the crest of the economic pyramid or coddled in a 'government' job knew differently. The erosion of the job market has been obvious to the average wage-earners not 'duped' by pro-business propaganda. Unemployment is at the level it was during the Reagan Administration and rising to the point it reached during the Hoover Administration, while CEOs continue to cut themselves huge bonuses and workers labor twice as hard to make up for the work missed by "laid-off" colleagues. The "De-regulation" championed by Republicans is one of the chief reasons the U.S. economy is spiraling toward the abyss. The new administration is likely to counter two decades of "supply-side" economics with a return to a more sane policy. Until then, workers in the U.S. will be expected to work even harder for less pay while enhancing the established private fortunes of those who receive the tax breaks courtesy of George W. Bush and the Republican Party.
Well, the "party" is almost over, and while greedy businessmen jockey for their socialistic "bailouts" the other America awaits January 20, 2009 for the cleanup to begin. The Question is for many, "Is it already too late?" A generation has hopefully learned the error of electing a complete idiot [i.e. clown] to be president of The United States. As gas prices fall to pre-Bush/Cheney levels, Americans are [finally] realizing they have been scammed.