I'm sorry, but that is just not true. The economy is doing very well at this point.
When it takes 45 minutes to get into any restaurant on a Friday or Saturday night where a meal for 2 averages $50 without drinks, when they can fill a 65,000 seat stadium to watch a sporting event where the seats average $8,000.00 a seat (cheapest was $5000), when you see nothing but new SUV's and pick-up trucks running down the road, if you check your 401K and see how it is doing, and see how low the cost of living increase on one's Social Security is, to me, these are real life indicators that the economy is NOT running on fumes.,
If the restaurant parking lots were empty, the stadium was 1/4 full, I saw a bunch of old clunkers driving around, my 401 was losing money every quarter and my cost of living increase for my social security was 5% instead of 2%, THEN I would surmise that the economy was in a slide.
All figures indicate a robust economy right now
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The U.S. economy’s health is determined by indicators like the gross domestic product (GDP), unemployment, inflation, and more. Here's what it means for you.
www.thebalance.com