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Politics : President Barack Obama

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To: tejek who wrote (100415)8/31/2011 11:26:47 AM
From: Road Walker  Read Replies (2) of 149317
 
Things are not quite as bad as some would have us believe

I'm thinking that also.

But I'm also thinking that employment and the GDP growth has decoupled completely from US corporate profits. The corps have fine tuned a strategy to make more money... without revenue growth and without new employees. It could last a while... maybe for a very long while considering emerging markets.

So if you're in the stock market the economy is just fine. If your looking for a job the economy sucks.
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