The American mood: Is the angst bottoming out?

http://news.yahoo.com/s/ap/20090412...he_meltdown;_ylt=AqqH6WQNzviIOc.gZHsGtv5I2ocA

"In recent days, just as we've seen tantalizing, oh-so-subtle hints the economic distress might be leveling off, a smattering of signs has emerged to suggest the national bad mood of recent months may be — and note we say, quite carefully, MAY be — bottoming out.

Last week, fresh retail sales figures, a key indicator of consumer spending and, thus, the American mood, suggested that while people are still holding their cash close to their chest, their sour stomach might be stabilizing a bit — getting "less worse," in effect.

Numbers from Gallup's Consumer Mood Index were up 6 points for the week ending April 5, the fourth consecutive week they rose. The index is now as high as it's been in over a year — buoyed, perhaps, by the upward-creeping stock market. And an AP-GfK poll showed the number of Americans who think the country is heading in the right direction more than doubled between October and February — to 40 percent.

Not that it's all good, mind you. Just, well, less worse."




Things do appear to be going better IMO.I base this on that the stock market has been on the upswing for the past few weeks,jobless claims recently were lower then expected and I know I saw couple good signs in my personal life.Like one of my credit cards(chase bank) who used to enclose checks you could write for as much of your credit limit as you wanted with zero interest for 3 months had stopped doing that in december just enclosed them again in bill I got yesterday.So they must be now again willing to put money out and loan again and feeling more confident.
If things do get better as they hopefully/seemingly are there will also be another great benefit.You can put a fork in the republicans/conservatives.:thumbsup::1orglaugh
 

biomech

Virtus Junxit Mors Non Separabit
Let all the naysayers ***** on their words.
Things will get better, and I have seen the work starting to come back to my industry, we are closely related to the housing industry.
Hopefully we can stay the course.
 
where the fuck have you been? not here, evidently.

the economy is getting better? yeah, tell that to all those thousands of people that are STILL out of work.

other than the fact that this country is in the shitter, it's one of the best times I've seen. I hope this mood never changes, for once people actually give a fuck about what the government and the corporations are doing to fuck them over and they are pissed about it. Maybe if they felt that way all along this wouldn't have happened.
 

biomech

Virtus Junxit Mors Non Separabit
Maybe its just the area I live in but new construction is just starting to really pick-up, I agree that people should of been questioning what the govt and corporations were doing. What do you think labor organizations have been saying for years about corporate greed. We have been in this recession for at least 14 months, finally we are seeing the light at the end of the tunnel.
Of course not everyone is going back to work today, but man **** is getting better. :)
 
where the fuck have you been? not here, evidently.

the economy is getting better? yeah, tell that to all those thousands of people that are STILL out of work.

other than the fact that this country is in the shitter, it's one of the best times I've seen. I hope this mood never changes, for once people actually give a fuck about what the government and the corporations are doing to fuck them over and they are pissed about it. Maybe if they felt that way all along this wouldn't have happened.

None of that is to mention that we took on over a trillion dollars of new debt in such a short time. Unless our country starts getting better, and not just a slow trickle better than before, not just a little better, not just moderately better, not just an above average recovery, not even just a really good recovery, but one that is whole orders of magnitude better and for everybody, especially the people at the bottom of the income scale, in the near future, which it won't, all we have really did was mortgage our future even more to make it seem a little better today. It's a trick that's been done in the past. It's a portion of the reason we are in a mess now, and sooner or later we are going to get bit in the ass because of it in a way we can't recover from by just doing it again.
 
We have been in this recession for at least 14 months, finally we are seeing the light at the end of the tunnel.
Of course not everyone is going back to work today, but man **** is getting better. :)

you're right. I'm not one to always rehash old **** and blame it all on the old guys (even if it really is their fault), but Bush and the rest of those cocksuckers straight up lied to all of our faces and said that there was nothing wrong with the economy when they knew what was happening. I think that is what did it worse than anything. Perhaps it could have been turned around if we had a little honesty and accountability (ha!) when it started to go south instead of business as usual.

Obama's biggest problem is not that he's doing too much, it's that he's not doing enough. We really do need that change, truly the last thing we need is the same old **** that got us into this mess, and I can't believe that there are still people who refuse to see that.
 

biomech

Virtus Junxit Mors Non Separabit
you're right. I'm not one to always rehash old **** and blame it all on the old guys (even if it really is their fault), but Bush and the rest of those cocksuckers straight up lied to all of our faces and said that there was nothing wrong with the economy when they knew what was happening. I think that is what did it worse than anything. Perhaps it could have been turned around if we had a little honesty and accountability (ha!) when it started to go south instead of business as usual.

Obama's biggest problem is not that he's doing too much, it's that he's not doing enough. We really do need that change, truly the last thing we need is the same old **** that got us into this mess, and I can't believe that there are still people who refuse to see that.

Absolutely we were lied to, the problem is we live in a time when the govt is no longer afraid of the people.
This govt should be afraid, we need to take as much of the blame for this as they do, why?
We continue to put these people in office, they tell us what we want to hear and do the opposite.
As for Obama, I agree he needs to be doing more, its time to reign in all these deregulated industries, start to change some of the laws governing corporations.He needs to remember the New Deal, and how it was done
But most of all, return this country back to its rightful place as the greatest country ever.
 

Namreg

Banned
spending less will only result in more companies closing, more people losing their jobs, and then people spending less. so try to ignore this **** and buy what you used to buy... once everyone does that, the economy will recover. fear is bad, m'kay?
watch this :)
 
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