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Obama suggests recession easing [EDIT]

Well then you tell me? Can you honestly say things are looking so much more hopeful recently? Has your standards of living improved significantly by any reasonable measure, and is it at the same levels as it was say last year, or the year before?

You seem to have confused "recession easing" with "bountiful recovery."

In any case, yes, I have seen signs renewed life, and being a business owner who takes merchandise orders from retailers, I'm seeing increased activity.

No doubt there has been improvements, but we have nothing to say it will last.

There's just as little to say it won't, either.



Your better off looking at consumer behaviour if you want an accurate indicator.

I do. I make my living from consumers, and my living has been better.
 
You seem to have confused "recession easing" with "bountiful recovery."

In any case, yes, I have seen signs renewed life, and being a business owner who takes merchandise orders from retailers, I'm seeing increased activity.

This may be the case for you and your paticular business but you can bet on it this isnt the case for a lot more people out there. Things are getting worse for a lot of people.
 
The stock market, if not perfectly rational, is certainly rational enough not to be fooled by an accounting change that was publicly announced. It's not like those investors who are buying the stocks are, as a group, unaware of those changes.

What makes you think so?

How many people here have any real understanding of how accounting changes impact financials? How many of them can explain it?

I'm guessing at most no more than five. And while I hate to say, this place seems smarter than the rest of the country, partisan whackjobs included.

If people couldn't recognize the impact of the herd mentality in the last bubble, they won't understand accounting changes which are far more complex and far harder to understand.
 
This may be the case for you and your paticular business but you can bet on it this isnt the case for a lot more people out there. Things are getting worse for a lot of people.

The retailers to whom I sell carry wide varieties of products. If they're ordering from me, it means their general sales have been improving.

Obviously, though, you're determined to believe only in a downward spiral, so I guess I'll just leave you to that. Some people are happier when they're miserable.
 
Obviously, though, you're determined to believe only in a downward spiral, so I guess I'll just leave you to that. Some people are happier when they're miserable.

You've got me all figured out buddy. You only have to look at the contractions of economies on a global scale and the unemployement rate, and our living standards which contrary to what you say is only worsening. Quiet frankly, your job doesnt count for ****. If your using that as a sole indicator of how things are now or how things are to come, then any predications you may have are seriously inaccurate. Today for example, Air France announced it is to scrap 3000 jobs. Tell them things are great.
 
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I do. I make my living from consumers, and my living has been better.
Serious question: How far can we extrapolate your experience to an assessment of the national economy overall?
 
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