This post is in response to a really outrageously out of perspective response to the article.

Pete wrote this response posted 06.04.08 12:54 PM:

"Apple stores not fake like the US economic and economic numbers. Nothing is
more fake then the US economy . The recession will get worse and may turn into a
DEPRESSION. Americans deserve a great DEPRESSION for spending more money then
they earn on stupid items like an ipod. "

This attitude is at the core of our problems. Pete isn't getting the facts at all... Here was my response to Pete. I thought of being a bit harsher but I restrained my baser nature.

Here is my response:

Pete, turn off CNN! They have an agenda that ignores FACTS. If
you don't believe me check the chart in USATODAY... Take note that is is
slower growth than previous years but GROWTH nonetheless... http://www.usatoday.com/money/economy/2008-05-29-gdp-jobless_N.htm

We are not even in a REESSION so go get an education preferably in a third world
nation it will teach you to stop spouting your hatred of America. We have
problems but they are not the ones you are spouting!

For the record here are two definitions that ECON101 might have though
you if you were paying attention.

RESESSION is "A decline in business activity. Often defined as two
consecutive quarters with a real fall in gross national production."

DEPRESSION is "A severe or long recession... although the distinction
between a recession and a depression is not clearly defined, it is often said
that a decline in GDP of more than 10% constitutes a depression."

I doubt Pete will ever read my comments or learn the error of his ways. The reality is that America is great and so is our economic system INSPITE of the destructive and corrosive legislation that seeks to create a kinder more SOCIALIST system. Last I checked both Russian and China had embraced Capitalism why is that we as a nation of idiots are seeking to embrace a failed economic system? That is a question I wish I had an answer to.