Home Invites Blogs Careers Chat Events Forums Groups Members News Photos Polls Singles Videos
Home > Blogs > Post Content

The Economy is not good, if these things are true (873 hits)


Do not be fooled by media reports of a so-called "good economy." When news anchors and pundits talk of how good the economy is, they fail to tell you that there are two different economies. There is the investor economy and there is the working family economy. They are talking about the investor economy, not the working family economy.

The people in the investor economy do not see the world the same as working people; not do they live in the world the same as working people. "More than half (55%) of investors believe they have achieved what they consider to be the American dream." This includes people over 65 years old (87%), and people 50-64, (59%). These people have stocks, own a home that was bought over 40 years ago, and who have either retired on pensions or about to retire from jobs they have held over 20 years. These are the people the media is talking about when they refer to the "good economy."

http://afromerica.com/directory/lifestyle/...
Posted By: CR Minister
Saturday, January 5th 2019 at 8:55PM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
There is so much truth in these words. I like this point. The main reason most people cannot seem to get ahead is because of debt. As long as debt looms over the head of working people, there is no such thing as a "good economy." It is an economy on the verge of implosion, not growth. Where is the debt coming from? Health care cost, student loans, and instability of the job market. More people have changed jobs over the course of two years than at any time in American history.


Sunday, January 6th 2019 at 7:41PM
Dea. Ron Gray Sr.
More From This Author
Where Was God During American Slavery?
Spiritual Content Creators Welcome
Foundation Gospel of Liberation
Afro Broadcast & Community Network
We Are Watching Babylon Fall: America Reaps
Growing Up on the Westside: A 50 Year Look Back at the Black Community
The Mystery of Marriage
All Authoritarian Voters of 2020 Will Now Be Destroyed
Forward This Blog Entry!
Blogs Home

(Advertise Here)
Who's Online
>> more | invite 
Black America Resources
100 Black Men of America
www.100blackmen.org

Black America's Political Action Committee (BAMPAC)
www.bampac.org

Black America Study
www.blackamericastudy.com

Black America Web
www.blackamericaweb.com

CNN Black In America Special
www.cnn.com/blackinamerica

NUL State of Black America Report
www.nul.org

Most Popular Bloggers
agnes levine has logged 25355 blog subscribers!
reginald culpepper has logged 12017 blog subscribers!
miisrael bride has logged 8193 blog subscribers!
tanisha grant has logged 5527 blog subscribers!
rickey johnson has logged 4623 blog subscribers!
>> more | add 
Latest Jobs
NETWORK ENGINEER with Arizona State University in Tempe, AZ.
SENIOR NETWORK ENGINEER with Arizona State University in Tempe, AZ.
DOC State School Teacher - Multiple Endorsements & Facilities - State of Connecticut - Accepting applications through 1/21/26 with State of Connecticut - Department of Correction, Unified School District #1 in Various locations in CT, CT.
Advanced Manufacturing Vocational Instructor - State of Connecticut - Accepting applications through 2/2/26 with State of Connecticut - Department of Correction, Unified School District #1 in Various locations in , CT.
Hospitality Vocational Instructor - State of Connecticut (Accepting applications through 2/2/26) with State of Connecticut - Department of Correction, Unified School District #1 in Various locations in , CT.
>> more | add