What articles like this don't really say in their headlines is that people are still unemployed and that the rate of job growth still lags WAY behind. People need jobs to pay for those new home (mortage) or car (loan).
I don't understand why some economist, politicians, whomever people expect consumers to spend (i.e. take on more long term debt) our economy back to health. It almost a catch 22 - spend more so companies can produce more (growth), then companies hire more workers, who in turn will go out ans spend their paychecks, etc. This is the cycle in simplistic terms, but you get my drift.
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I orginally posted this is Chit Chat, but there is a small group of simpletons over there who believe in taking EVERY thread and turning to their personal rant on race or a personal attack.
Gimme a frickin' break.....
