Monday, July 29, 2013

Is This The Recovery 0bama Is Talking About?

Somehow I don't feel 'better off'

0bama: "...the economy is far stronger now than it was four and a half years ago." long as one ignores the reality of the chart...

We've seen macro "Hope"and micro "Reality", but for the man in the street, it would appear from the chart that the trajectory for 'recovery' green shoots is decidedly down and getting worse... even as the President tells the American public they are so much better off...

(h/t @Not_Jim_Cramer)


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