No. of Recommendations: 4
Happy days are here again.

The economy is healed!

;-)
Print the post Back To Top
No. of Recommendations: 0
What's wrong with the economy?

There's virtually no inflation. Money is cheap as I've ever seen it.

The market is going throught the roof.

Household debt is still well above historical averages but that is an artifact of the housing bubble.

Income distribution which is skewed is merely a manifestation of free market capitalism at its best. Moreover, there is nothing inherent in capitalism that guarantees jobs for all. In fact free market capitalists think unemployment around 5%is ideal

I can't figure out your problem with the economy.
Print the post Back To Top
No. of Recommendations: 6
As a matter of fact, in a country where 47% of the population refuses to take responsibility for themselves, 7.9% is a remarkable number.
Print the post Back To Top
No. of Recommendations: 1
As a matter of fact, in a country where 47% of the population refuses to take responsibility for themselves, 7.9% is a remarkable number.

Unnecessary political stab notwithstanding, I tend to agree. The US economy is very healthy. Health is disguised by a lot of toxic history that is still being unwound, and there are certainly huge swaths of people who have not enjoyed the economic rebound, but really opportunities abound for those who are nimble enough to seize them.

We will continue to see some skewed metrics just as there are probably a few million discouraged workers who will never return to the workforce. As always, peoples' expectations of how things should be - or how they were - don't really mesh with an optimistic reality.
Print the post Back To Top
No. of Recommendations: 3
There's virtually no inflation. Money is cheap as I've ever seen it. ...I can't figure out your problem with the economy.

It's a ZIRP/QE cocaine-induced, price-manipulated, market-displaced, fundamentals-distorted hallucination. Other than that, it's all sunshine and rainbows.

;-)
Print the post Back To Top
No. of Recommendations: 0
Unnecessary political stab notwithstanding

It is the foundational economic belief of the amn likely to be the economic leader of the world in 30 days. What's political about that?
TOP was taking a political shot.



As always, peoples' expectations of how things should be - or how they were - don't really mesh with an optimistic reality.

Yup. Being 66 years old I lived inthe era some people remember as the Garden of Eden. It wasn't. But for people with average to limited work skills it was much better. I believe there si a systemic problem with capitalism. Growth alone will not fix it.
Print the post Back To Top
No. of Recommendations: 0
It's a ZIRP/QE cocaine-induced, price-manipulated, market-displaced, fundamentals-distorted hallucination. Other than that, it's all sunshine and rainbows

Capitalist economies are always that.
Print the post Back To Top
No. of Recommendations: 0
Capitalist economies are always that.

Touche. You win.
Print the post Back To Top
Advertisement