Originally Posted by indy_93accordex
People that I speak with are very upbeat and positive.
Does that look like a stock market on the upswing to you?
Unemployment certainly isn't "low." They're alright, but haven't been dropping as fast as we've been expecting. Retail sales have been slow, and as a result companies aren't hiring as many people for holiday season employment.
GDP growth rates aren't meeting expectations. Corporations aren't meeting profit expectations. Job growth isn't meeting expectations. Consumer confidence is falling steadily.
Overall, we're either still in the middle of a soft patch, or else this is the slowest recovery from a recession in recent history.
Originally Posted by indy_93accordex
Overall, most folks would agree that this administration has managed our economy very, dispite -- the War in Afgahnistan, the War in Iraq, and the recent damage done by hurricanes throughout the southeast.
Only administration in 75 years to have an overall jobs loss. That isn't terrorism, that isn't Iraq, that isn't hurricanes... that's crap. Wars and large deficit spending both spur growth... they aren't immediately bad for the economy.
We've also had an overall exports loss during this administration's term. That has occured despite the drastic fall in the real value of the US dollar.