US economy may be stuck in slow lane for Posted on 02/09/2014 10:33:13 AM PST by NormsRevenge
WASHINGTON (AP) — In the 4½ years since the Great Recession ended, millions of Americans who have gone without jobs or raises have found themselves wondering something about the economic recovery:
Is this as good as it gets?
It increasingly looks that way.
Two straight weak job reports have raised doubts about economists' predictions of breakout growth in 2014. The global economy is showing signs of slowing — again. Manufacturing has slumped. Fewer people are signing contracts to buy homes. Global stock markets have sunk as anxiety has gripped developing nations.
Some long-term trends are equally dispiriting.
(Excerpt) Read more at news.yahoo.com ...
Big Gubamint is addicted to your money and it doesn’t care who is working and who isn’t.
The efforts of leaders on both sides of the aisle prove that everyday they spend like drunken sailors and act like they have an open tab at the public bar&feeding trough.
Exporting jobs has caused the job problem and nothing but MADE IN USA won’t fix it regardless of who is President.
I have a family member in real estate and she told me that in January alone, several of her deals suddenly fell through (because the buyers bailed). She said people are scared.
Thanks, Obama. Doing what you do best, destroying the country.
Funny, I didn’t see George Bush’s name anywhere in that story. I guess I’m so used to Yahoo and all the other Democratic Party media organs blaming him for our economic mess.
US economy may be stuck in slow lane for This is a very disturbing article, considering the generally biased source (Yahoo). If that’s the story AFTER they spun it, how bad is it really? And, no mention of Obamacare.
This report, along with the CBO report, is great news. The current truth has declared reduction in labor and hours worked is a good thing. Those mean nasty republicans want us to work all the time but Obamacare is going to free us from the shackles of capitalist drudgery. We will all have so much time on our hands with fat stacks of EBT cash America will be as happy as Vanuata.
I don’t know if things will get better after Obama, but I know they’ll never get better under Obama.
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