Thread: Recovery?
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Old 02-16-2012, 05:03 PM   #4
Aliantha
trying hard to be a better person
 
Join Date: Jan 2006
Location: Brisbane, Australia
Posts: 16,493
It depends what you call recovery classic, and it depends on your perspective.

I see the cost of things going up and up, which implies economic growth, but I don't see wages going up equally. In fact, that hasn't been happening here for over a decade, maybe more. The housing market is a complete blowout and interest rates are still going up.

No, I don't see recovery really. I see a country treading water and doing a pretty good job of it, but people are still doing it pretty tough mostly.
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