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This is the title the newest headline on CNBC. I do not believe it for a minute, but now I am starting to feel like I live in 2 alternate universes. Can't the main stream media make up their mind? One day sequestration is going to cause a recession, then it happens, and now this.....
The media is not a single voice. It's a number of people with differing opinions.
One person being unable to cope with the fact that people have different opinions, and have the freedom to express them, that's not the fault of everyone else in the world. The world is a complex place that requires knowledge and critical thinking to deal with. Lacking that causes a problem when there is more then one opinion floating around.
This is the title the newest headline on CNBC. I do not believe it for a minute, but now I am starting to feel like I live in 2 alternate universes. Can't the main stream media make up their mind? One day sequestration is going to cause a recession, then it happens, and now this.....
The economy has recovered as a whole but with a large redistribution. Its like Rome where some 25% of the citizens sold themselves into slavery. The remaining citizens report their wealth has increased and that slaves are plentiful.
Those that earn the bulk of their income from investment vehicles saw a massive recovery. The rest saw their pay stagnate/sink, and employment opportunities are looking rather shallow. There's your wealth redistribution
Some things are like markets but its driven by cut in lbor they have made and on FED liquidity. Of course hosuing has pciked upo since rates are dso low and investors are buying up many foreclosed homes because they can make more money that other investemnts.But look at last week when market interpreted the FED minutes as possible raly end to QE feedig the markets cheap money;it dropped immediarely.The econmy is still on life support with very slow growth and really not near enough jobs created to support the new people enterig the job market each eayr.The at about 40% of workig age adults droppi g out of lokig for jobs for vasious reasons it agian shows a real problem in people just giving up looking.Whe FED quits stimulatig the markets by letting rates seek their won level the we will see things chnage if no fundamental have changed.
Those that earn the bulk of their income from investment vehicles saw a massive recovery. The rest saw their pay stagnate/sink, and employment opportunities are looking rather shallow. There's your wealth redistribution
Anyone who kept their investments and didn't sell have seen a very nice recovery percentage wise no matter how much money you had invested.
The economy has recovered as a whole but with a large redistribution.
It is no longer 2008. Things are much better. It is rough on most of the 8 million fired during the Great Recession, as those jobs, 90% plus of them, are simply never coming back. But corp revenue, profits, bonuses, are mostly higher than before the Great Recession.
Those that earn the bulk of their income from investment vehicles saw a massive recovery. The rest saw their pay stagnate/sink, and employment opportunities are looking rather shallow. There's your wealth redistribution
Don't forget about the $556 Billion that retail investors have pulled from the markets since October 2007. $32 Billion flowed back in in January. If that continues we may be in for a good year. Looking out any further than that is fruitless.
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