I've been saying it doesn't feel good out here and this Prof. just confirms that feeling. Our economy is just treading water, if you pull out the Military /Gov't part, the Health part and Fossil fuels there is very little left of it.
I would confer as I live in an area where the State represents a huge part of the overall economy. Take that away and I live in Flint Michigan. I think we are experiencing a little bubble and that is what is pushing the mess along The bubble is from rising homes prices and cheap credit, refi-ing at a low interest rate for example loosens up money as we know. Otherwise I agree there's not much else.
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I've been saying it doesn't feel good out here and this Prof. just confirms that feeling. Our economy is just treading water, if you pull out the Military /Gov't part, the Health part and Fossil fuels there is very little left of it.
I would confer as I live in an area where the State represents a huge part of the overall economy. Take that away and I live in Flint Michigan. I think we are experiencing a little bubble and that is what is pushing the mess along The bubble is from rising homes prices and cheap credit, refi-ing at a low interest rate for example loosens up money as we know. Otherwise I agree there's not much else.
Oops meant to write "I would concur..."
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