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Obama’s Roadblock

The recession is supposed to be behind us. Yet, it doesn’t quite feel like we a re in a recovery just yet, does it? I remember stagflation, that odd mix of unemployment and inflation, this sure isn’t it. Whatever we are in, we need to get out. Soon.

Joe

  • Financial Samurai July 17, 2010, 2:20 pm

    Hi Joe – I think we are in a very healthy recovery. Everything seems to be rocking (tracking, restaurants, and even the markets despite Friday’s collapse).

    I’m very optimistic.

    Best,

    Sam

  • Roshawn @ Watson Inc July 20, 2010, 1:01 am

    Although there are definitely some signs of improvement, there are also some real concerns. For example, without the government crutch, will housing truly rebound? For the first time in 2 years, the housing market is on its own. Employment still hasn’t recovered either. There are other impediments that are financially concerning as well.Time will truly tell, but until I know for sure. I’m extra cautious.

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