The Spring of the Unexpected Soft Patch

These are actual quotes written by degreed economists and journalists (and a few bloggers), who never seem to expect the outcome when a president who campaigned to fundamentally change our country and redistribute income from the wealthy to the poor through regulation and taxes actually succeeds in his plans. Why only the conservative talking heads like Fox's Beck and EIB‘s Limbaugh, some of whom don’t have a degree in anything, had full knowledge about the end results, I don’t know, but apparently they do read history and their parents talked about the Depression.

GM chief financial officer resigns unexpectedly. March 10, 2011

Obama's support among blacks slips unexpectedly, Hispanics too. April 7, 2011

Though economists are anxious about the unexpected slackening, they largely remain confident that the lull will prove just a soft patch and they still expect a strengthening jobs market to revive growth in the next quarters. April 15, 2011

Sales For Sarah Palin’s Second Book Spike Unexpectedly. April 17, 2011

Housing Starts in U.S. Unexpectedly Decrease to 523,000 Pace. May 17, 2011

Orders for long-lasting goods unexpectedly fell in February, raising concern over the sustainability of the rebound in U.S. business investment. March 24, 2011

Sales of existing U.S. homes unexpectedly declined, manufacturing in the Philadelphia region slowed and consumer confidence dropped, pointing to an economy that is struggling to regain momentum following the surge in energy costs. May 20, 2011

Consumer confidence unexpectedly decreased in May to the lowest level in six months as Americans grew concerned over the outlook for jobs and the economy. May 30, 2011

The economy will be in full-fledged recession by year end (although I can argue that the economy has remained in recession since 2008). The mainstream financial media are all calling the “unexpected” bad news as a “soft patch” in the economy. Tomorrow’s Non-Farm jobs report is going to be very weak. June 1, 2011

Denmark's economy unexpectedly went into recession, new figures showed yesterday. Denmark's economy contracted for a second quarter after consumers cut spending. Denmark now joins Portugal as the only European nations in a recession -- defined as two consecutive quarters of negative growth. June 2, 2011

Obama Eligibility Lawyer Unexpectedly Resigns: Mole Within Hawaii's Department of Health Alerted Corsi That No Long-Form Birth Certificate Existed Prior to February 24th. June 2, 2011

The jobless rate, unexpectedly, edged up to 9.1%, the second straight monthly gain and the highest this year. June 3, 2011

Oil Rebounds as API Shows Unexpectedly High Stock Draw. June 7, 2011