Quote:
Originally Posted by kane
Here you go.
http://kiplinger.com/businessresource/recovery/
According to Kiplinger two of the six major indicators that the economy is recovering have turned positive with a third, consumer confidence, starting to inch its way positive. |
Ah yes, this guy is an idiot. Home sales? Oh you mean people finally buying foreclosed homes while more and more homes become foreclosed? Or perhaps the interest rates lowering, which Obama thinks will increase consumer spending. Unfortunately, this isn't a recovery indicator if for every $1 an American makes, he spends $5.50. That's like saying our economy is recovering because Cash for Clunkers was a success!! So instead of saving up and buying a car next year, consumers borrowed and bought now! Most people haven't learned what is collapsing our economy the past 30 years.