The Economy is not good, if these things are true
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/...
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/...
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.