Comments:US economy added 290,000 jobs last month, unemployment at 9.9%

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If not for government assistance and social programs, the depression (yes depression) would be even worse. Lets pretend that the day of reckoning arrives where no matter what the government does, whether it spends or lower interest rates, the result will be the same, nothing. This day is fast approaching when the governments enter a period of hyperinflation like Zimbabwe just a few years ago and the governments will default on debt. The only reason this hasn't happened yet? Because no one can accept the fact that it will and like the giant housing bubble, people will keep investing in AAA government bonds when the truth is that they are a bigger bubble than the housing bubble ever was. I write this because of the pain in our markets that is glossed over and the fact that the government had the gall to pass a health reform bill in the face of this depression which it simply cannot be afford. Our health insurance brokerage has reached the point where people can no longer afford policies and instead call for the number for Medicaid. It is the worlds largest inside joke that only the well informed know.