Recovery?

Aliantha · 02-16-2012, 05:03 PM

It depends what you call recovery classic, and it depends on your perspective.

I see the cost of things going up and up, which implies economic growth, but I don't see wages going up equally. In fact, that hasn't been happening here for over a decade, maybe more. The housing market is a complete blowout and interest rates are still going up.

No, I don't see recovery really. I see a country treading water and doing a pretty good job of it, but people are still doing it pretty tough mostly.

02-16-2012, 05:03 PM	#4
Aliantha trying hard to be a better person Join Date: Jan 2006 Location: Brisbane, Australia Posts: 16,493	It depends what you call recovery classic, and it depends on your perspective. I see the cost of things going up and up, which implies economic growth, but I don't see wages going up equally. In fact, that hasn't been happening here for over a decade, maybe more. The housing market is a complete blowout and interest rates are still going up. No, I don't see recovery really. I see a country treading water and doing a pretty good job of it, but people are still doing it pretty tough mostly. __________________ Kind words are the music of the world. F. W. Faber

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)