Buy that new bike - the recession is over
The recession is apparently over - even before it started.
I went shopping today - the first time ever encouraged to shop on Black Friday.
I was at a HARDWARE STORE, and it was so full of people buying stuff that there were seven lines of people waiting to pay for their purchases. The lines of paying shoppers went all the way to the back of the store and looped around. Every aisle was filled with people waiting to pay for bushels full of merchandise.
News comes out today that people are killing each other at stores around the USA in a mad furry to make purchases.
That doesn't sound a like a recession to me.
It further encourages me to believe that all this "news" about a recession is media fueled hype. The vast majority of people still have jobs and have not had pay cuts. Fuel prices are Waaaaay down. Home prices are waaaay down.
Step back for a minute and it sounds a lot like these are pretty fat times.