Economy Looks Good But Slow

All the news from the markets look good. Investors are bottom feeding. Production is up. Yada, yada.

That is the story that the media pushes on the country. The truth is not so rosy. housing industry is in the toilet. Financial markets are needing a transfusion of cash to survive. Foreclosures are up 94% over last year. Rising gas prices and soaring food prices. Wages are stagnant.

Now if you are a real working stiff the economy is in a recession and has been so for at least a year, most likely longer; it will depend on who you talk with and where they live.

So take the reports on CNN or CNBC or wherever with a grain of salt. ask yourself if YOU, personbally, are better off today than last year. There will be the REAL answer to what shape the economy is in.