Happy Days Are Here Again

Let's see now the private-sector jobs fell by 39,000 in September from August, according to a report released today by ADP and consultancy Macroeconomic Advisers said.  The reason why this is important, because it deals specifically with the private sector.  This is the sector that we want to see job growth, not the government sector!  Also, global growth will slow more sharply than expected in 2011 as advanced economies slash their budgets amid the continuing sovereign debt crisis, the International Monetary Fund (IMF) said today. As a matter of fact, the growth prospects for the U.S. took the IMF's largest downgrade, falling to 2.3% from a previous estimate of 2.9%  And, what did the DJIA do today?  It was up, of course.  Don't worry, be happy.  Once again, the market is totally focused on QE2.

This brings me to the theme song for today, which is "Happy Days are Here Again."  This song was the quintessential depression era song.  By the way, FDR used this song for his 1932 Presidential Campaign.  Trouble is with his Keynesian economic policies it took America ten years and WW II to have those happy days again.  Then, why is it that we came out of the 1920/21 depression after only one year?  Click-on following article entitled, "The Forgotten Depression of 1920" to see what economic policies brought America out the 1920 depression in such a short order.  Then, compare those economic policies to our current economic policies.  I am a great believer in what Yahusha (Jesus) said in Yohanan (John) 8:32 "And you shall know the truth, and the truth shall make you free."  It is true for an individual and for a nation!