The Lewis Turning point; this started to happen midway in 2008.
It would be great if this were true. However, this article is discussing one thing, and it can be summed up as the lewis turning point. However, can it overcome the other problems that continue to grow in this country, like our deficit and the accompanying interest? And the financial problems are worldwide, not just the US.
IOW, is it like getting a 1% raise while your debt continues to increase at 10%, and you are already almost bankrupt. I dunno, I’m talking generalities.
I’ve heard about this trend, but we’re not seeing much in my parts. EVERYONE is a doom and gloomer now. And that has changed in just the last six months.
I heard an announcement that the chocolate ration was to be increased to 4 grams from 5 grams!
Recovery is on the way!
Even if it is true, it just means more serfs to pay taxes to our government masters to support our out-of-control Welfare State.
Great that means the tax rates can be lowered since we will be rolling in the dough right.
This is true for Buckhead (affluent), Roswell (upper-middle class)...and other, less well-to-do markets.
Add this to the current retail sales, GDP, employment data, etc. and I would have to call BS on any claim about a rebound.
If anything, I predict that as the Obama taxes and Obamacare begin to pinch, there will be more negative reactions from small business.
US Economic recovery, Mr. Hutchinson, you should stop drinking the socialist koolaid, the last three months of 2012, was a “negative” GDP, NOT a “positive” GDP. Of course if you are completely delusional, one would be,live this crap when Bush was in office, the US economy was producing more than 4% GDP and the leftist in the old media had proclaimed the United States in a recession!
Eight Deuce on the Loose!
Economic Rebound? Well NO.
It is a flight of a devaluing currency into tangible assets.
Wow..I have not seen a greater emission of methane since Kramers horse buggy ride in the park on Seinfeld...
This guy is hysterical.. might blow up..