imawhosure
Platinum Member
- Apr 25, 2015
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It's been a very slow trudge. The stock market was fed by the Fed. Job growth has not nearly been matched by wage growth. Productivity is down.
Both ends can point the finger at the other, but the fact remains this has been subdued at best, and we're teetering on a recession as we speak. Maybe 40% chance.
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I agree with Mac, although I rate the probability at 45%, but a few percent between friends is not much. What we need is to speak about the economy accurately. It is better than some would have you believe, and worse than what others believe. The people who have decent jobs that can keep them will do ok. The people entering the workforce or trying to re-enter are the ones in trouble. This is the reality.
The 2016 question is-----------> do people think this is good enough, or do they think a different direction can do better. Every administration always pretends it is better than it is, the opposing party always pretends worse. That is politics! If the economy slips into negative growth, the answer will be given no matter what the administration says. If it does not, then each individual will have to make the decision for themselves on their own, personal, situation.