Economic Outlook Index, July 2009
“The economy is on the mend.” — Nariman Behravesh, chief economist for IHS Global Insight, comments on the recent July 2009 Economic Outlook Index, including the recovery, jobs, employment/unemployment, car sales (vehicle sales), house sales, exports, consumer spending, GDP, and the economic stimulus package. View the index at: www.economicoutlook.usatoday.com
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This is totally bogus song and dance and an old routine aging rapidly. The facts are plain to see and the evidence of a much deeper disaster is even more obvious to those of us who are traveling. The average person can witness within blocks of their home an impact of more than 10% unemployment. The unemployment offices have become a place for stand up comedy shows and deep depression. Average income reduced and inflation increased to the point of legalized slavery. A more comfortable dark age.