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Old 06-07-2019, 09:26 PM  
VRPdommy
Too lazy to set a custom title
 
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Join Date: Oct 2014
Posts: 11,480
The future economy is always based on confidence one has about the economy of today, leading into tomorrow.

Being 'your outlook for the future' to the point of if 'you would spend money' today.
This comes when you have more money in your pocket at the end of the month, OR, when the numbers of your 401k report make you think you are richer without actually cashing out. (no net realized gains)

If none of the above is familiar to you, you are likely poor working class living paycheck to paycheck. And you could care less as you have other, more important issues. You are willing to take any plan that promises something better.

Politics has eaten into all of this because congress can control your outlook through spending.
Most of it starts with infrastructure spending because no single other item can show direct result in the economy in jobs you can see the progress of and dollars than infrastructure spending. But it normally takes 2 years to really change minds after the dedication of funds.

So it is a issue every election.
Those who want to starve the economy to change the next election.
Those who wish to be champion of the working man.
And those who just want clean water and fair roads/bridges that are safe and a promising education for your kids..

Where do you fit in ?

A good economy can be generated by talking heads who speak highly of it and give you a false feeling of confidence, and you go on a spending hike and it creates a warmer economy all by itself.
Just know that does not mean you are better off for the future.

There has been a pattern here, is anyone seeing it ?
Each cycle has been worse for the consumer. Your buying power goes down with your savings rate. No economy does 'truly well' were it does not save.
But... the American biz has replaced the American consumer for importance at the governmental level... in the case you have not noticed that either.

Moral...
Doom and gloom or super prosperity, it's all the BS you want it to be !
You can wish it in or wish it away, but more often with help from the outside.
What do you want to believe today ?
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