Look around you. Does the economy look like it’s struggling? We just had one of the most successful online retail weekends for sales and a great Black Friday turn out. People either have enough money, or they’re still in love with their credit cards. It’s probably a mixture of both. Yeah, I know that you can’t base one week’s worth of retail sales on the health of the economy, but it’s at least a small indicator of how the economy is doing! I am sick of watching and reading all of these people try to convince us that the economy is crumbling. Yes, the housing market sucks right now. But, what else can you expect when it spikes the way that it did from 2003 to 2005? Every market is cyclical, so what comes up, must go down, and level ba ck out to its normal rate of return. Oil is at an all-time high, but that’s not because George Bush is getting kickbacks from Halliburton, and it’s not because global warming is going to kill all of us. It’s because there are nerdy little futures investors out there that keep driving up the “future” price of oil so that they can make money on their investment. Plus, we’re so concerned about saving the world that we won’t approve any new drilling in North America.
So, tell me why the media wants us to believe we’re falling into a recession. What concrete indicators are out there to show that the economy is going down the drain. The unemployment rate is very low, new jobs are being created, retail sales are up, and we’re dealing with the fact that we can’t sell our houses for huge profits and it costs $50 bucks to pay for a tank of gas. Mortgage rates are stil low, the Dow Jones is above 13,000, and flirted with 14,000 for a while. Seriously, if you think I’m an idiot, just prove me wrong. Tell me something that will convince me that I should start stuffing my money under my mattress. Even the War on Terrorism and the war in Iraq is starting to go well. You can tell that things are going well, because there are NO articles about the Middle East anymore. The military and the war used to be the front headlines every single day in the big city newspapers when things weren’t going well, but now it’s like the sound of crickets in the middle of the night. My point is that you can’t let the media shape your opinion about our nation and the economy. You need to gather all of the evidence and make your own decision about it. I just don’t see what these so-called experts see that talk about the ruin of our economy on television and in the newspaper.
What’s your take on it? I really want to know. Try not to bash my ignorance or conservative views, but give me your honest perspective and opinion about the state of our economy.