Economic rebound or meltdown coming?

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Economic Rebound or Meltdown This Year If the government would lie to you about unemployment numbers, push propaganda on you about so called global warming that has already been disapproved by 87% of the world’s weather scientists, tells stories about Behganzi, the IRS scandal, the fast & furious debacle, border agents that were murdered, our southern border being penetrated by terrorist, the Fort La Hood shootings, why on earth would we want to believe anything they say about the economy? Yet here we are with yet another spin on how the economy is in rebound when all the signals say otherwise. Weak figures With all the weak spending figures through the holidays last year (Best Buy down a whopping 11% in third quarter of 2013 compared to 2012), growth in 4th quarter online sales fell 10.3% compared to 14.8% in 2012 (stats from IBM Digital Analytics), could it be the reason for all this weak spending is a lack of real income growth in your wallet? According to Sentier Research, median household income, adjusted for inflation, has been essentially flat since 2010, and is still down significantly from the boom years of 2006 -07.


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Economic rebound or meltdown coming? by Gary Boyd - Issuu