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I am certainly no financial analyst or economist, but I do believe I have a hint of common sense Archi. For the life of me, why do I find it incredulous that the the first quarter GDP sits at a almost nil 0.1% and that smart CEO's and CFO's are out hiring like gangbusters in anticipation of warmer weather? I know I am not. Nor has my area seen a sudden uptick in economic optimism. The work force last quarter lost 800K individuals with jobs or who stopped looking which many economists say if the real reason for the unemployment rate drop to 6.3% Just think, if we keep losing 800K jobs including those people who have given up looking per quarter, we may get the unemployment rate down to around 3% just in time for the midterms! Keep telling yourself that you are better off and play fast and loose with your disposable income because the Bureau of Labor tells you that we are just around the corner from economic nirvana: I say that is very dangerous behaviour and it sure would suck to be a low information voter who just absorbs whatever he is told in the media without doing a little research him or herself.
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