Page 47 - Jonas Max News Today : Breaking News, Live Updates & Top Stories | Vimarsana

going in the wrong direction and people are still talking about green shoots and positive developments and i don't see any of it. >> brenda: we're still growing as an economy, it may not be as fast as everybody would hope for, but 2.2% that's not anything to sneeze at really. >> absolutely, and the projections this year he for 2.5%, you know, one quarter, but it does feel to most people like we're in a recession and we'll continue to feel that way until the economy gets back to where it was before 2008, and especially before the wall street financial collapse. and the big drag right ...

are we still in a recession? >> brenda, of course we're still in a recession if not approaching depression. when we talk about 83% of americans are recognizing we might be in recession, i think that number is low. i think that when you look at all the statistics that are out there, the home, new home starts, foreclosures are up. mutual funds outflows are up. and everything you think of as a good economic metric is going in the wrong direction and people are still talking about green shoots and positive developments and i don't see any of it. >> brenda: we're still growing as an econo...

Be too big to fail or was not going to be included in, it's going to be addressed in it and it's not and the scary thing is, you look at gm. gm is really the prime example of what happens when you do something like this, because jonas max, max jonas says take care of the bondholders first, they got screwed in gm. no one in their right mind is going to put money into gm or any banks where this could happen. >> you called them shares. >> don't know what he's talking about when i said the bondholders. >> after the show i'll teach you, give you a lesson. bondholders taking-- first in line. >> the ...

performing and that's going to bring down the market. you're devaluing. 123 grand if you work for the fed. 73 grand if you work for the state or local and private live. all in, ways and benefits. >> you can't beat the bolling graphics. >> okay. now, jonas, the government says that the compensation gap is because you need more skill and more education to work in government than in the private sector, i guess that explains us, why we are where we are. >> and although there are no low end jobs in the government. the government doesn't run to mcdonald's, but there's a reason for this, th...

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