Is the Economy really getting better?

TrueEpic08

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SoCal State Beaches
Yeah them liberal economics sure lead us to the recent recession huh

I think he's referring to liberalism (that is, neo-liberalism), the economic discipline, not American political liberalism.

To answer the question the OP posed, no. U-6 unemployment's still nearly double what it was before the economy tanked, and much of the stock market recovery is the result of the government pumping notes into the economy through Quantitative Easing allowing banks to clear debts and hoard an increasing amount of money. The vast majority of job increases come from short-term, low wage and, tenuous types of employment, and like others have noted, commodity prices are up (the speculation on the CME is both ridiculous AND underreported), and we're speeding headlong into a real estate crash in major economic centers on the coasts.

NO, the economy is in a dead zone right now, by design. And it doesn't seem like it's going to get better any time soon, because the ones who would benefit most from hoarding government money and keeping the economy depressed, while creating a general media illusion of slow recovery are making out huge right now. Thus, no one else really exists or matters (and if you don't believe me, watch how this Detroit bankruptcy plays out. If it's anything like what has been hinted at in statements by Kevin Orr, it's probably going to get ugly).
 

Leasy

Let's add some Alizarin Crimson & Van Dyke Brown
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I think it is 50-50. I believe some businesses are using it as a excuse to do what they want such as layoffs etc... but I do believe on the hand on some sectors that it is bad. It is most certain that a crash will have to happen if we ever seen a time when the economy is good.
 

kevm3

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It's getting 'better' if you're filthy rich and run these corporations and can use this 'down economy' to manipulate your workers into accepting lesser wages, but for the average person, no way.
 

Domingo Halliburton

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Yeah the economy is doing better. Invest in American equities (stocks) and thank the Fed.

I don't know if it is on a tangential level but businesses and the economy are doing better.

I haven't read this thread but I'm basing my points on an economic basis.
 
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