SEARCH BLOG: ECONOMY
The Obama administration provides all sorts of data that tells us how much improvement there has been in our economy after spending trillions of dollars of unsupported dollars. We have more debt as a nation and taxpayers are facing higher taxes. But the stock market seems okay. Wind and solar power companies are strongly supported by the government. There is a massive new healthcare program being implemented.
So why is there this constant undercurrent of discontent? Why don't people believe that, as a nation, we are truly better off than we were 3.75 years ago?
Perhaps these data from the Bureau of Labor Statistics give the strongest indication.
We're just not seeing that "better off" trend. So the question is: are people going to vote with their pocketbooks or are they still hoping for some loose change?
Of course, one could look at these data and say that things are so good that the nation is moving away from the need for a two-worker family model and we are returning to the 1950s "happy days" when dad went off to work while mom stayed home and raised the kids.