Before the Hays Thou Shall Not 1. Law Defeated. 2. Inside of Thigh 3. Lace Lingerie 4. Dead Man 5. Narcotics 6. Drinking 7. Exposed Bosom 8. Gambling 9. Pointing Gun 10. Tommy Gun

Before the Hays
Prosperity Blues and the Tinker Bell Economy

Prosperity Blues (1932)

So this is what I get out of this when I watch it. If we just are optimistic about our future, lending and money will revive itself from it’s sleep and we will all be employed, happy, rich and full again.

Um…I saw this today and thought you might find it interesting since the Job Report came out today saying that we are still losing jobs…

If you haven’t seen it yet (which I’m sure you have) here’s the article

U.S. Job Losses in December Dim Hopes for Quick Upswing

I was watching The Kudlow report last night (don’t ask, I find the man silly) and he had some guy on last night saying that the jobs report today was going to be good.

Yesterday CNN published this article. Here’s a segment I found most entertaining:
Since rallying Monday, stocks have been mixed to lower. Market participants remain cautious ahead of the next batch of earnings and economic news as well as holding back in the wake of a big 2009. Last year, the S&P 500 gained 23%, the Dow industrials added 19% and the Nasdaq added 44%.

Analysts expect 2010 to continue the uptrend, but at a much milder pace.

“Right now things are shaping up to be pretty decent for 2010,” said Dave Hinnenkamp, CEO at KDV Wealth Management. “Unemployment is going to be stubborn, but we’ll see good earnings growth, especially in the first half and that will help stocks.”

Here’s a great video on what I think is very much describing the cartoon “Prosperity Blues”.
This video is describing a Tinker Bell economy.

Clap your hands and smile. Your job is coming soon!

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One Response to Prosperity Blues and the Tinker Bell Economy

  1. Axbish says:

    Allan Sloan…unbelievable! When did make those comments?

    The cartoon raises interesting questions about the “cult” of the New Deal…hatred of bankers and big money and Wall Street. It doesn’t show Roosevelt, but it certainly implies him and the optimism that he brought with him when he was elected. Let’s all go to the government and get saved. Some people fear a new cult…with a vengance. Not a problem today. Every word spoken, every decision made is turned on its head. Today, Krazy Kat wouldn’t be at the steps of the capitol for help, he’d be at a Tea Party protesting.He wouldn’t quite know what he was protesting, but he sure would be mad about something.

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