Confusing Signs
http://www.msnbc.msn.com/id/32111826/ns/business-stocks_and_economy/
On the one hand we have investors on Wall Street looking to pop the champagne at the first available opportunity. Their optimism has pushed the Dow over the 9,000 mark; the first time in almost seven months. On the other hand, there are thousands who believe that the stimulus package is not working; it is not likely to work; or even make things worse for future generations.
What is the reason for this difference in views? The average man on the street is most affected by his employment situation. If he has lost his job and is being unable to find another one, he is bound to be pessimistic about which way things are headed. To make matters worse, economists believe that the unemployment situation will continue to remain grave for a while even after the recession ends. So there really is no light at the end of the tunnel as yet for the jobless man or woman on the street.
