Monday, December 29, 2014

An 'Awesome Economy'? Not Even Close

 ""Everything is awesome", stated the headline of a recent Politico piece by Michael Grunwald which goes on to list many economic statistics showing how well things are going in the U.S.

Indeed, some economic indicators are now better now than when compared to the height of the crisis, but those conditions were bound to change just as most of the water in New Orleans following Hurricane Katrina receded without anyone doing much to encourage it. All the same, current claims of doing “better” than during the depth of a major recession hide how bad things still are compared to before the crisis."
[American Thinker]

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