Originally Posted by Wesley
Whether recession or not, the economy is in trouble. Homeowners do not have extra equity to pull out to buy big ticket items, the restaurants and stores are less full with shoppers. I am not being dishonest as this was only an article from Daily reckoning. This is a discussion topic, nothing more nothing less.
Frankly the government is not smart enough to determine if we are above or below the growth line this last quarter.
Here is the bio of Bill Bonner in wickipedia:
Bill Bonner (author) - Wikipedia, the free encyclopedia
Haven't you learned yet? Until those in the highest tax bracket are hurting, our economy IS FINE. Please, stop the fear mongering, nobody wants to hear about those that live paycheck to paycheck. If the administration says the economy is fine, it's fine.