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If someone really is looking for a job and cannot find one, or cannot sell their home then that person isn't in a recovery no matter what and I think the politicians are pretty much telling people that the recovery was never meant for them anyhow.
This is the new normal, stagnant wages, lack of middle class jobs, rich getting richer, working poor getting poorer, welfare class growing by leaps and bounds, meanwhile they want to add at least another 11 million impoverished foreign type workers to the labor pool so they can grab up any jobs.
The American middle class is being wiped out, that's the new normal. That's the plan.
Does appear to be degrading. The govt corps are continuing to profit regardless of joe blow on the streets issues.
I don't think discussing unemployment numbers w/o discussing the labor participation rates effect on this has much meaning. That is aside from the changes in how they were calculated in the first place.
Please don't tell me your positive data is Obama on the campaign trail saying otherwise.
You've started a thread asking people of their opinions... That's great, thanks for contributing. But then you go on to counter only the responses that disagree with your opinion. What's up with that???
According to the stats that most analysts follow, we have a very weak recovery. That is, increased GDP, increased domestic production, increased retails sales, increased homes sales, larger profits for large businesses/corporations... Like it or not, these are the facts that government, business, economists and investors pay attention to most. This is the stuff that future guidance is most heavily influenced by. Yes, most of it is heavily influences or even manipulated by the government. That doesn't change the end results however.
Nobody is debating that things are still screwed up for the average Joe. The dust is still settling, and there is a lot of uncertainty in the air. In many ways, the damage is still ongoing, but that doesn't change the fact that most figures point to a weak recovery. This doesn't mean we are immune from a double dip in the future, given the data you keep reposting.
You've started a thread asking people of their opinions... That's great, thanks for contributing. But then you go on to counter only the responses that disagree with your opinion. What's up with that???
According to the stats that most analysts follow, we have a very weak recovery. That is, increased GDP, increased domestic production, increased retails sales, increased homes sales, larger profits for large businesses/corporations... Like it or not, these are the facts that government, business, economists and investors pay attention to most. This is the stuff that future guidance is most heavily influenced by. Yes, most of it is heavily influences or even manipulated by the government. That doesn't change the end results however.
Nobody is debating that things are still screwed up for the average Joe. The dust is still settling, and there is a lot of uncertainty in the air. In many ways, the damage is still ongoing, but that doesn't change the fact that most figures point to a weak recovery. This doesn't mean we are immune from a double dip in the future, given the data you keep reposting.
Yes, I am asking for a debate and get little to no specific evidence that we have recovered or are in a midst of a recovery.
You provided some evidence without sources. Let me respond to you:
#1 "increased homes sales" -- why are home sales increasing? You do realize that the FED is creating money and buying up mortgage debts to the tune of 9 of 10 mortgages the government now has a hand in. The government has artificially kept the interest rates down...low interest rates makes homes more affordable. What happens when the government can no longer keep doing QE? Hopefully, not a hard landing, but home sales are certainly helped by the government artificially forcing down the rates. If we were recovering why would they have increased this in 2013?
#2 Analysts also look at employment for a recovery - the stats say this is worse. Shrinking labor participation rates. Shrinking hours worked per American. Shrinking household income. Shrinking full time ratio of total jobs.
#3 "larger profits for large businesses/corporations" -- this belies the fact that revenue, sales, is lagging for many companies. Profits have risen from cutting cost of production - unfortunately often by laying off people or hours - not from increases in sales.
Aside from the sizzling hot automobile industry, the rest of the economy is stuck in quicksand thanks to this clueless President who can't stop burying employers in rules and regulations thanks to ObamaCare and Dodd-Frank to name a couple of job-killers of his, and then he has the audacity to wonder why nobody's hiring anybody.
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