A TALE OF SAM’S WOES
We are likely to have a double-dip recession, and this is why. Your Uncle Sam has been having a hard time because he spends more than he makes. He engages in much unproductive behavior and wastes a lot of money on things that he doesn't really need.
He is easily influenced by his irresponsible children, Nancy and Harry, whose mantra is: "Spend, Sam, spend." Sam is also sloppy with his finances. His record keeping is poor, and he is frequently ripped off by people who claim to be his friends.
Recently, Sam experienced a big drop in his income, because his employer (the American taxpayer) had been taking financial hits. So Sam did what he's best at -- he borrowed and spent more, more than ever before. Then things began to turn a bit sour.
