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Strategies & Market Trends : World Outlook
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To: Don Green who wrote (612)6/16/1999 10:34:00 AM
From: Henry Volquardsen  Read Replies (1) of 49495
 
have read MANY AMERICANS are actually worse off

anecdotal evidence is notoriously unreliable. Look at stats. Unemployment levels in the US are very low, lower than in Japan and the US doesn't have the added drag of the window sitter phenomenon. The strength in employment has even begun to impact the most resistant parts of the unemployment demographic, young black males. Personal income growth, housing starts etc have remained strong. Yes there is a segment of the US that is living beyond its means but it is hardly a large segment.
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