Steve's barking run don't walk the US economy

 Here we go again, I'm barking that the economy is going down the tubes just when you hear on the telly that the US economy is going great guns. You hear it that Ford and GM made money this past quarter. (It just goes to show that you don't pay interest nor having to pay bond holders what is do them you too can make money.) US Steel has made more money then it's made in years, that there's a possibility that it may go from being the 5th biggest steel maker to being 4th or maybe even 3rd.
 Now the big bad news the European Union is so damn conservative in there economic out look and there solution the dept crisis is so draconian that Europe will bring a much harsher recession then they faced in 09.
It's kind of like what happened after World War II on Germany. My gut feeling is that the selling to Europe will slow down to a crawl.
 Speaking of a crawl, the BP Gulf oil spill will hurt the fishing industry. The non Gorton fisherman is not going to be able to buy new cars, will have trouble with their mortgages, etc.
 Speaking Of etc New York State will suffer great hardship because of the fur lows to state workers, at least 10,000 workers will default on their mortgages, rent and car payments credit cards ect. Having a ripple effect that will go down the whole economy of New York State. Those state that issued furlows had the smart to do it once a month not once a week. And even then that rate their economies suffered.
 Gee maybe one day we'll learn the lessons of economic history, until that time we will be ruled by economic fools.