Good point that credit is less available to subprime borrowers these days.
On the other hand, that table is comparing apples and oranges.
Real US GDP, income, outlays, all that, not quite flat. 2009 was bad, 2011 not great but not bad. Good data here.
bea.gov
For example, growth in consumption of flat panel TVs in the US is "soft", "only" growing 2%.
displaysearch.com
That might seem bad but US population growth is less than 1% annual.
I admit I am one of those people who see the glass as half full, not half empty. But it seems many who post here, even if they saw a full glass, would think, "it will soon be empty and it will never be full again". Not sure if this is just a habit of mind or the way the mind is hard wired. I mean, here we are, it's 2011, the world economy has still not collapsed yet. Maybe tomorrow? Don't lose hope. It may finally collapse tomorrow. Stay tuned in . . . .
Or maybe you're just feeling pessimistic and worried because you don't have another job lined up yet? I am confident that as long as you have marketable skills there will be another job for you. |
