Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LostInBayport

They love to claim “recovery” at every turn. I don’t see it on the ground level.

There is a disconnect on the economy between two groups of people - the average Joe (that’s me) and the macro-economist.

I see inflation in products we buy every day - energy, food, and other necessities. They see deflation in the big numbers (markets and banks). The stock market goes up and they are happy - the price of milk goes up and we are sad.

I won’t say one group is right and one is wrong. I think we just look at the world differently and perception is a powerful force in the economy.


18 posted on 03/08/2014 12:03:30 PM PST by volunbeer
[ Post Reply | Private Reply | To 15 | View Replies ]


To: volunbeer

If only we had planted more magic unicorn bulbs.


21 posted on 03/08/2014 12:14:39 PM PST by SpaceBar
[ Post Reply | Private Reply | To 18 | View Replies ]

To: volunbeer

“They love to claim “recovery” at every turn. I don’t see it on the ground level.”

Very few people do; they just keep repeating the lie until it becomes the truth (it got their commissar re-elected).

“The stock market goes up and they are happy - the price of milk goes up and we are sad.”

The best way for a company to drive up its stock price is to announce layoffs of American workers - without fail. As for the increases in prices that we see with food staples, gasoline, etc., we’re still supposed to believe there is no inflation. I for one don’t know how many of the grocery name brands stay in business, as Americans are forced to buy no-frills groceries just to keep their families fed.


38 posted on 03/09/2014 4:09:57 AM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson