Observations on the Economy
Why is it every time you turn on the news be it radio, television , or simply opening the paper and reading all you see is how bad the economy is. Is there a sinister plot to ruin, and plunge the masses into a reccession? Yes by the way the economy is reported I truely believe so.
Facts are simple. The NASDAC and the Dow all show an increase in investment and growth by anywhere from 4 to 6 % each. The Dow is well over 10,000 and fluxuates several hundred points a day. With the volume now on the Dow it is resonable to see this. While many people are becomeing smarter shoppers the economy isnt all that bad.
Sure there is a problem with younger workers or unskilled laborers not able to find jobs. This however is not due to a lack of employment out there, but a result in the hireing of ILLEGAL ALIENS, who take these lower paying jobs away from citizens.
Despite the alarmist claiming no one is saving or investing the evidance is right before ones eyes as they can see this is not true. Sure people are not dumping blindly into the markets as they did in the 90's but again we are becoming smarter and more educated in what our hard earned money is put into. The dot com scams blindly invested in are not being invested into now. We learned that there has to be substance or a product to back up shares of stock.
Larger companies are finding that stock holders are wanting more information and accountability on their investments. The general public is wiseing up to the fact corporate America has been over charging them for years. As is evident by the Auto industry offering supposedly great deals on their products. Why is the buyer paying an additional 10 to 15 thousand dollars for a vehical mark up? Well they aren't anymore as we now have employee discounts. ( com'on any one believe that the auto industry is loseing money on these sales has their head in the sand). What is happening overall is companies are no longer able to over inflate their bottom line and dupe the investor on inflated quarterly reports. This is why many in the news are reporting a slow sluggish economy.
( these elitist also do not want you to know that like the rest of us the also shop at Wal-Mart ).
To sum up my opinion of the economy: The consumer is shopping smarter. Educating himself on investing, and holding accountable those he trusts his money to. The economy is slow but will pick up as more and more consumers take control away from corporations and brokers. When ILLEGAL IMMIGRATION is also stemmed we will see jobs increase and wages stabalize again. For now wages will decrease as long as we allow companies to hire ILLEGALS for low wages instead of citizens at standard wages.
Facts are simple. The NASDAC and the Dow all show an increase in investment and growth by anywhere from 4 to 6 % each. The Dow is well over 10,000 and fluxuates several hundred points a day. With the volume now on the Dow it is resonable to see this. While many people are becomeing smarter shoppers the economy isnt all that bad.
Sure there is a problem with younger workers or unskilled laborers not able to find jobs. This however is not due to a lack of employment out there, but a result in the hireing of ILLEGAL ALIENS, who take these lower paying jobs away from citizens.
Despite the alarmist claiming no one is saving or investing the evidance is right before ones eyes as they can see this is not true. Sure people are not dumping blindly into the markets as they did in the 90's but again we are becoming smarter and more educated in what our hard earned money is put into. The dot com scams blindly invested in are not being invested into now. We learned that there has to be substance or a product to back up shares of stock.
Larger companies are finding that stock holders are wanting more information and accountability on their investments. The general public is wiseing up to the fact corporate America has been over charging them for years. As is evident by the Auto industry offering supposedly great deals on their products. Why is the buyer paying an additional 10 to 15 thousand dollars for a vehical mark up? Well they aren't anymore as we now have employee discounts. ( com'on any one believe that the auto industry is loseing money on these sales has their head in the sand). What is happening overall is companies are no longer able to over inflate their bottom line and dupe the investor on inflated quarterly reports. This is why many in the news are reporting a slow sluggish economy.
( these elitist also do not want you to know that like the rest of us the also shop at Wal-Mart ).
To sum up my opinion of the economy: The consumer is shopping smarter. Educating himself on investing, and holding accountable those he trusts his money to. The economy is slow but will pick up as more and more consumers take control away from corporations and brokers. When ILLEGAL IMMIGRATION is also stemmed we will see jobs increase and wages stabalize again. For now wages will decrease as long as we allow companies to hire ILLEGALS for low wages instead of citizens at standard wages.
