You can believe anything you wish. There are those who believe we never landed on the moon and those who believe we did.
Wayne, hate to destroy your conspiracy theory but we DID land on the moon.
HighER than it could be, but not that high given the history and the impact of fuel costs.
Oh Wayne, never use statistics straight from the kool aid pitcher! Real inflation, as computed via the formulas before Clinton changed them all around, is over 10% annualized and the trend is still on an upwards basis. And, the higher fuel costs and grain costs(animal feed) hasn't fully manifested it's full effect.....yet.
Which would be called "priming the pump" type actions by those who understand the need for pumps to be primed.
Golly gee, I sure wish that I was one of those! So, are we getting our money's worth out of all this pump priming? Anything that is really sustainable without continued support of tax money?
Which will be the case until we have recoverED by definition. The Great Depression impacts were not completely overcome until the advent of spending for WWII.
Huh? Are you advocating another world war then? Would that rekindle another manufacturing demand? Too bad we've shipped out our manufacturing base to China and others, eh?
It seems the governmental areas where balanced budgets are required were where the losses in employment offset the general upturn.
The general upturn? From your link:Household Survey Data
The number of unemployed persons, at 13.7 million, changed little in
April. The unemployment rate edged up from 8.8 to 9.0 percent over the
month but was 0.8 percentage point lower than in November. The labor
force also was little changed in April. (See table A-1.)
You have to remember also that it takes over 120,000 jobs a month just to stay even with the population growth. Thank goodness McDonalds is helping out in that area via a hiring spree
Don't confuse a small uptick in employment anything but noise when you're bouncing around the bottom.
Buying incentives which worked are not indicative of a recovery in that market?
Well, lets look at housing....New York, May 31, 2011 – Data through March 2011, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that the U.S. National Home Price Index declined by 4.2% in the first quarter of 2011, after having fallen 3.6% in the fourth quarter of 2010. The National Index hit a new recession low with the first quarter’s data and posted an annual decline of 5.1% versus the first quarter of 2010. Nationally, home prices are back
I'd guess not. I wonder how the people feel that bought houses with those incentives now realizing their house has gone down in worth more than the incentives??
And automobiles? Yes, there actually is a very slow recovery going on there but until the housing crisis and unemployment improves, and coupled with tighter lending standards it will be a very long time before reaching the all time high of 16 million sold in 2007.
I don't think you can consider this a recovery until such time as this number starts to see a decline instead of steadily rising....