Quote
Originally posted by: pjstrohQuote
Originally posted by: alanleroy
Now, if most businesses were doing better than ever he might have a point....Is that what PJ is saying...that the Economy is Good...
Yes, the economy is good. But dont take my word for it...look at overall corporate profits and the GDP. They are massively improved since the great recession of 2008 - AND I might add that companies have a record amount of cash on their balance sheets. The economy itself is just fine. Employment is the problem...and there is thoughtful debate as to how to handle that problem. If you believe uncertainty about the debt ceiling is at the heart of that problem (as Mr Wynn does) then I'll gladly point you to your nearest friendly neighborhood t-party House member who refuses to raise it under any circumstance.
But as I told you on the paid side (shameless plug for the paid side) you rest your case on the anecdotal opinion of Steve Wynn. You can find plenty of business leaders whose political orientations are as varied as the people on this website.....I'll see your Steve Wynn with Warren Buffet and then raise you by Ronald Reagan's budget director, David Stockman.
If the economy is so good, then why pray tell are there 5 people applying for every job? I've put out more than 50 resumes and so far I've heard back from 2 folks and one of them was a head hunter. In the last 4 weeks, I've seen an average of 2 pages in the sunday paper want ads when it usually runs 10 or more pages.
Yea, lots of jobs out there for this massively good economy. Here's the unemployment rate for my state: linky
