Isn't there someone around here who constantly talks about how wonderful the econmy is doing?
Words like good, bad, wonderful, awful, etc. are all descriptive words than need a base line....wonderful or awful compared to what...they are relative.....
I'm old enough to remember Jimmy Carter and that economy..it was the only time in my life that I feared for the future of the country.....20% interest rates and 14 % inflation......it was freekin' scary....
If you didn't experience it, you can't appreciate it.....
so thats my baseline....I've seen the economy go up and down, into recession and recover from recession, high and low unemployment, higher and lower interest rates, etc....and right now this economy is doing just fine in general
.....bumps here and there, oil price up, oil price down, housing market booming or stagnant...inflation up and inflation down....employment rate above 5% and below 5%.....
Get used to it children, it cycles like that since Rome was built....
but I hope I never see another Jimmy Carter....
thats life.....