What would it take for you personally, to think the economy is not as strong as the Wall St. pundits say it is

Answer 1

I just bought some gas, theres your sign.

Answer 2

I hate to tell you, but the economy isn't doing well. The prices on the stock market are up 5% or so. But these prices had been flat for over 18 months.
The 1st quarter GDP figures just released indicate the economy only grew at a little over 1%. That's near recession numbers. During the next few weeks, a lot of people will be going to cash, selling their stocks, because the 2nd & 3rd quarters are really going to suck.
You can expect the FOMC to start lowering interest rates by mid June/July to offset recession dispite high inflation cause by the decreasing value of the dollar on the currency market, which is being caused by huge deficit spending.
If you have stocks or cash, now would be a good time to buy gold.

Answer 3

Wall Steet has little to do with the economy and you shouldn't use it as a measure. Look to hard data from the Fed and any of the respected think tanks for that. Wall Street is about stock speculation, period. If anything, Wall St. analysts undermine the economy by creating bubbles (dot com era) and forcing companies to care more about their stock performance than their products. That being said, if the economy swings either way, you will feel it most in the form of price swings, interest rates and employment numbers

Answer 4

What does the economy have to do with disparity between the rich and the poor? Especially the "non-working rich".

Life is not even and fair. I did not make the rules and neither did either major political party. The entitlement mentality has gone way overboard. You want equality then socialism will make us all equally poor and miserable except for the 5% that run the country. Now maybe it would make some poor people happy for the "rich" to be poor also, but that does not help the poor financially now does it.?

Answer 5

"Everyone in anywhere USA forclosing on their homes in record number.."

The large number of foreclosures are the result of a bunch of idiots signing on to (initially) cheap ARM mortgages and then discovering *gasp* that they can't make the payments after the rates go up. It has nothing to do directly with the relative stength or wekness of the economy. Overextending yourself is overextending yourself.

"and the disparity between the nonworking rich and the toiling poor being as bad as the depression era.....

oh wait a second........"

First of all. I doubt you know what "poor" is, and neither do the vast majority of Americans. Secondly, trying to insinuate that we are in a situation comparable to the Great Depression (think >25% unemployment, bread lines, etc.) is ignorant at best, or more likely, willfully deceitful. Try either more education or more honesty, as the case may be.

Answer 6

Nothing. I know the stock market is doing well. That is, however, not the only indicator of how the economy is doing.
How big is the deficit these days? How are we going to pay it off? We cannot keep borrowning and spending. At some point we are going to have to pay it all back.

http://brillig.com/debt_clock/

Answer 7

A per capita breakdown of the GDP, taking into account income disparity.

Answer 8

I would have to be a complete idiot, ruled by conspiracy theories, to think the Economy is NOT Great!!!!
We workers can tell when it's going good. People who refuse to work, can't really tell about the economy.

Answer 9

Everyone in anywhere USA forclosing on their homes in record number..

and the disparity between the nonworking rich and the toiling poor being as bad as the depression era.....

oh wait a second........

Answer 10

Just pretend like jobs are pouring overseas and believe all the phony propaganda you read.