11/8/08

Recession Now Hitting The Cornfield

A recession that economists say has taken hold of the nation is now gripping Iowa. The nation is further along in the recession than the region, and Missouri and Minnesota are further along than Iowa. But Iowa is certainly moving in the same direction.

Bottom line there is a tremendous amount of money floating around in Iowa. When land sells for 5-6K an acre, millions of hogs being raised plus cattle and chickens, machinery everywhere that costs hundreds of thousands of dollars there can't help but to be money circulating that supports the ag side of the economy.

But like other places it just took a bit longer for the 'ol trickle down to arrive just like it did here and when it arrived it did so quickly as it eventually will any other local.

The only time trickle down has been a proven success from these rat fuck bastards.

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