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Par For The Course

Money & Finance > It's the Economy?
 

It's the Economy?

That is the question.

According to the latest poll, 75% of Americans believe "the country is going in the wrong direction", economically. Only 17% thinks otherwise. (The rest evidently don't have an opinion.)

Who are these 75%? What do they see that I don't? Even before yesterday's Dow Jones 220 point boost, the stock market has been gaining steadily and has recovered all that was lost 4 years ago. That's going in the wrong direction?

The percentage of those jobless is shrinking, albeit slowly. And over 90% of the work force IS working! Perhaps it's human nature to always want more.

The White House and the Fed are doing all they can to boost the economy. I see nothing but positive results.

With Social Security and Medicaid, plus my teacher pension, I'm living quite comfortably, thank you very much. I'm not rich by any Mitt Romney standard, however. Yes, there are many people in desperate situations. My own "farmer" kids have lost it all and are struggling to make ends meet.

But overall, I am an optimist--one of the 17 percenters. One thing for certain. If the Republicans get into office, there will be hell to pay. My optimism will turn to pessimism--or is that realism?

Have an enjoyable weekend. PS: I helped plant 7,000 of the 12,000 strawberry plants yesterday! We're on our way!

posted on Sept 14, 2012 4:53 AM ()

Comments:

How is your back holding up after all that planting? Can you help with the other 5000? Good job, by the way.
comment by boots586 on Sept 15, 2012 6:26 PM ()
Since I was driving the tractor, my back was fine. It was my neck from turning around all the time that got strained. My back and legs felt the hurt after picking green beans and red raspberries for them the following day. I'm too old for this!
reply by solitaire on Sept 16, 2012 4:59 AM ()
I also have been hearing different poll numbers. Last night Nightly News said that Obama now takes the lead on the question about which candidate is better for the economy. That had been Rmoney's only lead and it evaporated. Obama is also ahead by more than the margin of error in three swing states. It's looking better and better...
comment by jjoohhnn on Sept 15, 2012 6:55 AM ()
I'm optimistic. Surely Obama will kill the Mittster in the debates.
reply by solitaire on Sept 16, 2012 4:57 AM ()
Considering the economies of the world are interdependent, we are doing quite well! And re: the AIG bailout, "The U.S. has recovered its full $182.3 billion commitment under the rescue with a profit of about $12.4 billion and still holds about 22 percent of the insurer’s shares for future sale, Treasury said." (Bloomberg Business News)
comment by dragonflyby on Sept 14, 2012 7:57 AM ()
More good news!
reply by solitaire on Sept 15, 2012 4:38 AM ()
Plant rhubarb! It is $4.99 a pound at Kroger.
comment by jondude on Sept 14, 2012 7:01 AM ()
Funny you should mention rhubarb. I was planning on picking some of mine to freeze and possibly bake a dessert today.
reply by solitaire on Sept 15, 2012 4:37 AM ()
Where did you hear that 75%? I'm hearing different poll results from the news programs I watch. If Obama is leading in all the polls (he is), then some of that 75% must be in his camp. Sounds schizophrenic to me.
comment by tealstar on Sept 14, 2012 5:56 AM ()

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