If you watch some media outlets, the economy is recovering and everything is looking better.
If you watch other media outlets, the economy is a mess, and things won't get better for a long time.
If you ask me, the economy is being held down by the government. If they let up, the economy will rebound and the current administration will look like the clowns they are.
If they don't let up, the economy will continue to have problems, although those higher in the food chain of the government don't seem to be having any problems. Their healthcare is free; they have tons of perks; their salaries rise, in spite of how many in the private sector lose jobs, or lose purchasing power due to increases in costs; they ignore the constituents that pay their salaries; and they live in a government Disneyland, where unemployment is down, housing prices are increasing, businesses are doing fine and the harsh realities of a bad economy everywhere, but D.C., is either ignored, or they're oblivious.
Whether those in D.C., and the media, realize it, or not, the rest of the country is fed up and the grumbling is becoming more than grumbling. To make their situation worse, they've pissed off the military, which is the only thing that stands between them and mobs with pitch forks.
I don't know if they realize it, but they're dumbasses. Time will tell how this all turns out, but the seeds of discontent are sown, and the crop of anger is huge.
The "recovery" is a Fed manufactured monetary based, re-leveraging bounce back. Meanwhile the regulatory apparatus of the Federal Government and impositions are enormous weights on the real economy. Once an event or a series events puts stress on this paper recovery it's going to fall apart fast and the real economy is going to be too small to make up the difference. The dynamics are not good.
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