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View Diary: Abbreviated Pundit Round-up: No political blood in the water (88 comments)

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  •  It's no longer getting worse (3+ / 0-)
    Recommended by:
    psnyder, METAL TREK, trumpeter

    Many people have adapted to the new normal (after 5 years, that's what people do). There aren't massive new layoffs every month, which means if you have a job you're not cutting back on spending just in case. Housing prices haven't recovered but in most areas they've stopped plummeting. And the unemployment figures, while still much too high, are gradually going down, though not all of that is due to people finding decent and adequate-paying jobs.

    Are we all doing well? No, obviously not. But we're overall doing a bit less bad than we were in the fall of 2008 and early 2009, and with less fear of falling off a cliff.

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