Tuesday, February 16, 2010

Good is not enough, but it is still good

In years past Conservative Politicians may tend to look at economic trends and measurements and assess that the economy is improving our job / concern is done here. It is the basis of a Progressive to view those same signs and measurements through the prism of people. This is why the unemployment number should always be front and center on the radar.

That being said, there is good news out there to consider. Take a look at the following Forbes article regarding the recovery.

One piece I find very interesting if not necessarily the most important
And even with troubles at Toyota ( TM - news - people ) and a hangover from the cash-for-clunkers program, January auto sales are up 11% versus June, just before the clunkers program got started.


I wonder how many quotes I could pull about how the government couldn't run cash for clunkers, how all it will do is cannibalize all the sales into a short period of time.




This article was published prior to today's good news from the NY Fed regarding the growth in US manufacturing for the month of February.

No comments: