With recent numbers positive for housing realtors, politicians, and others with vested interests, are quick to claim we are on our way back - but are such numbers really meaningful and sustainable? Many more objective analysts, however, are less sure or disagree with this conclusion that the bottom has been reached yet. Here's what some of them have to say. Words: 1377
Read More »What is the Primary Reason for Lack of Economic Growth in America? Here is the Answer
The widespread stagnation in wages, rather than the level of unemployment, may offer a better explanation for the failure of economic growth to accelerate two years after the end of the recession. Workers’ ability to negotiate higher earnings won’t return until the job market strengthens, and flagging confidence has raised the risk that consumers may retrench. [Let us explain.] Words: 1018
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