Do you believe the economy is good?

Question

Is your economy as good as all of the economic indicators say the US is experencing. Is the record level Dow an indicator that the economy is booming?

Answer 1

For me I have to say yes. My 401k is up almost 12% on the year. My heath ins. has gone up only slightly. I just got a 4% raise. Gas is down and so are taxes. And my rent hasn't gone up in over 4 years. things are looking pretty good.

Answer 2

The Dow is not a good indicator of the economy. Investors, fund managers, etc. are simply moving money back into the market and into large cap stocks.

The economy is OK. Not great but not all that bad either.
GDP growth is ok, inflation is not that bad, interest rates are still pretty low. Wage growth is not all that great either.

But the economy is slowing down-- and in fact, the Fed is likely to leave rates alone the next time they meet.

But, remember that the dow is now just above the high it was in 2001 (or there abouts). We have been in fairly crappy environment for much of Bush's tenure-- hence the monetary policy and tax custs to spur the economy.

Answer 3

the economy is dying we are no longer an industrial nation we are sold out by corrupt politicians fuel food and houseing have all gone up the middle class wage is actually lower
no longer can 1 person stay home and raise a family it takes 2 incomes just to get by some family's work 2 jobs each to make ends meat
if this continues rioting in the streets mass suicides disease and vermon running amuck !

Answer 4

ill put it this way,the economy could be a lot better.i know it was bad when clinton was in ,but bush lied and said he would make it better.and to answer your question,no!i dont think the economy is good,look at all the people who lost their jobs to overseas,health care is terrible(especially for the elderly),the older people has to decide weather to buy food or meds.

Answer 5

It's not a matter of belief. There is overwhelming & conclusive that our economy is good.

Answer 6

It's as good as it's going to get. Anybody who says otherwise was not alive through the Carter administration.

Answer 7

not very good in michigan .all the auto companies have layed people off or downsized and all other jobs are effected by this many businesses have closed.big lots,stilleys,bills,when will it end?even our wal-mart is dead.

Answer 8

In my state, yes it is.