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To: Perdogg

http://www.zerohedge.com/news/guest-post-are-you-seeing-what-im-seeing
///
wow. very depressing article. excellent charts.
...even liberals know now, that Obama is bad for the USA.
he will be rejected.
but, as your article shows... it may be too late.


107 posted on 09/22/2012 6:21:41 PM PDT by Elendur (It is incumbent on every generation to pay its own debts as it goes. - Thomas Jefferson)
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To: Elendur; workerbee; LS
I live in Montgomery County and drive Ridge Pike several times a week. I haven't traveled the full length of it, but I don't see what this guy is seeing. He's right that this is one of the wealthiest counties in the state. He could've found a lot worse economic signs just about anywhere else in the state.

The vacant lots and closed "Rite Aid" are an unrecognizable sign to me. And the potholed roads are an exaggeration. There has been a lot of road construction this year, more than usual, and a lot of roads are brand new. There are very few vacant places of business. New places like Target and Subway are always opening new locations and places like Walmart are rebuilding and expanding current ones. I've also seen a big, new office building being built not far from Ridge Pike. And the retail parking lots are all crowded on the weekends.

You want to see more of what he's describing, go to northeastern PA. That is an area in decline with vacant properties and bad roads. Montgomery and other suburban Philly counties are the most economically thriving in the state. I believe Montgomery, Chester and Bucks are among the richest counties in the nation.

Key statement in his article:

Not every house looks this way, but far more than you would think when viewing the overall demographics for Montgomery County.

It's all relative. He's selectively picking and choosing what he wants to tell you. They're a small amount of examples but as far as he's concerned, they're "far more than you would think." He is right that Norristown is the dump of Montgomery Country, but everyone knows that. It always has been. Yes, there's been a housing decline and general economic decline in the last 4 years. As far as I can tell, we are tracking along on a very average plane right along with the national statistics. There was no above-average collapse here. But it does feel like we're simply stagnating now, rather than recovering.

124 posted on 09/22/2012 6:42:03 PM PDT by JediJones (KARL ROVE: "And remember, this year, no one is seriously talking about ending abortion.")
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