What's Your Economic Situation?
by synth
Thu Nov 17, 2005 at 03:44:02 PM PDT
Just lately, over say the past year or so, all the major business shows / channels, seem to be reporting that we have a really great economy. Certainly the largest businesses in the world are recording profits & are flush with money. The Federal Open Market Committee is raising short term interest rates because Greenspan thinks that the economy is in danger of heating up or getting too good.
But an informal poll of my friends says this is not the case. A lot of them are out of work or working at jobs with little or no job security or at minimum wage. Health insurance for the most part is a luxury. And the littlest of things could throw some of them on the streets.
But an informal poll of my friends says this is not the case. A lot of them are out of work or working at jobs with little or no job security or at minimum wage. Health insurance for the most part is a luxury. And the littlest of things could throw some of them on the streets.
- synth's diary :: ::
