Mixed Messages

Talk about confusion. Where exactly are we in this recession?

On Tuesday, Wall Street is going great guns on news that the recession may be smaller than expected, that the bad news may be over, and consequently the economy is resilient and adaptive in a good way.

Breitbart: Bank News, Economic Data Boost Stocks

Wall Street began the second quarter with a big rally Tuesday as investors rushed back into stocks amid optimism that the worst of the credit crisis has passed and that the economy is faring better than expected. The Dow Jones industrials surged nearly 360 points.

Yet we are simultaneously seeing and reading about signs of increased poverty and degradation in America.

USA 2008: The Great Depression

Food stamps are the symbol of poverty in the US. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive – a sure sign the world's richest country faces economic crisis

I suspect the answer is in exactly how far into the plus column your bank statement reads. The poor get poorer and the rich get richer - that is the way our economy is presently functioning. When the dust clears you will see the few elite with even more and those on the borderline of solvency, the middle class, sinking. The poor already are sunk.