Here are some new limericks that sum up some worries now facing markets and the economy generally.
I.
A Fed Chair once happily boasted
“There is no inflation–its toasted”
Then oil went wild
The markets got riled
And many folks hopes just got ghosted.
II.
“Reform” is the word often used
When the poor and the old get abused
A faux panic‘s created
To “Reform” it is mated
So entitlements can be refused.
III.
I never thought stocks were just wagers
Another crap shoot for big splurgers
No one made a mention
I could lose my pension
And end at Big Mac flipping burgers.
IV.
My medical tab keeps on soaring
It’s at levels that brook no ignoring
My boss don’t defray it
So I gotta pay it
And my budget is taking a goring.
V.
We thought his old ways he was mending
That Sam would stop deficit spending
But cutbacks ain’t easy
They make voters queasy
Now all good intentions he’s bending.
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