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Kiplinger.com: Signs Economy is on Upswing

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Kiplinger.com: Signs Economy is on Upswing

Post by Angelika on Tue Feb 22, 2011 2:14 pm

I bet we all need new underwear and a fancy latte' would be Heaven!

http://finance.yahoo.com/banking-budgeting/article/112150/signs-economy-is-on-the-upswing

These articles contradict our true, daily reality, IMO but it's nice to know that life with money still makes the world go round.
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by Sunrise on Tue Feb 22, 2011 2:26 pm

I guess next they'll say the economy is improving because people are spending more at the grocery store. When in fact that increased spending is a direct result of more people getting food stamps. To the tune of some 41 million.
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by Angelika on Tue Feb 22, 2011 2:33 pm

Sunrise wrote:I guess next they'll say the economy is improving because people are spending more at the grocery store. When in fact that increased spending is a direct result of more people getting food stamps. To the tune of some 41 million.

Spending more without, oops, factoring in the higher cost of food, sunrise, with those magic cards.
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by Jen on Tue Feb 22, 2011 3:05 pm

I just don't believe that this stuff could be true. More and more people get laid off every day. More and more people fall into poverty every day. Nothing is getting better for the bottom 98% at all.
It's funny all of the comments below it are bashing it. Laughing
Everybody knows it is a bunch of bs.


Last edited by Jen on Tue Feb 22, 2011 3:10 pm; edited 1 time in total
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by unemployed2long/1208 on Tue Feb 22, 2011 3:10 pm

I wonder if the wal-mart report has come out as well as other reports.. I may have been asleep, so they were waiting on that?
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by Angelika on Tue Feb 22, 2011 3:21 pm

Every 'projected model' that has to do with number crunching, forecasting & tallies can be skewed to benefit the greater interests of a particular group.

I've sat in on too many of those disgusting meetings to see deception first hand.

Just one example :: a criminal lawyer will search months for a special expert that can produce evidence to help his theiving client in an effort to sway people to see things his way. The government does the same thing seeking experts that can rosey up the picture then releases it into the media stream. They too pay highly respected universities and economists to get what they want the story to be now. . .

The recession is over. affraid

Just not sure why they 'let' Bernanke speak at all.
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by Angelika on Tue Feb 22, 2011 3:25 pm

unemployed2long/1208 wrote:I wonder if the wal-mart report has come out as well as other reports.. I may have been asleep, so they were waiting on that?

It's out. I saw it this morning. Try to dig it up...

Bottom line :: it's disappointing
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by Angelika on Tue Feb 22, 2011 3:30 pm

Here's Wally World's report:

http://www.boston.com/business/articles/2011/02/22/wal_marts_4q_profit_rises_us_sales_still_slump/
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Re: Kiplinger.com: Signs Economy is on Upswing

Post by Guest on Tue Feb 22, 2011 3:40 pm

They can "say" the economy is improving but they sure can't prove it. I won't believe it until everyone I know has a job, a real job not some underemployed job.

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