Broken Record

"The U.S. economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes."


I know I sound like a broken record to most when I post misleading quotes and headlines and then complain about them, and maybe nobody who reads my blog cares, but I have to vent sometimes.  The headline: "Economy grows at best pace in 2 years" but nobody should be patting themselves on the back that the recession has ended just because the government is paying people to buy things and that resulted in a modest growth!  Why not hand everybody $10k and announce that we as a country all got magically richer?  The new home credit is over and the CARS program ended a month ago so will the recession still be over once all these programs stop paying?  Is everyone getting hired over Christmas to their new permanent lifetime job that will also provide a fully funded magical pension?  Yes, all that, and world peace coming right up!