Tracking System Opinion

Is The U.S. Economy Rebounding Or Sliding Back Down?

Getting a pulse on which direction the U.S. economy is headed can be a difficult task. Only a couple weeks ago, pessimistic economists were crying that we were on the verge of a double-dip recession, but after positive earnings from Intel and other blue chip companies came out much higher than anyone anticipated, stocks rose. Although stocks have rallied back over the 10,000 mark, unemployment continues to be high and many economic indicators continue to be weak. Clearly, everyone has a different take on the state of the economy and which direction it is heading, but one thing everyone can agree on is that it definitely is in a fragile and volatile state with a slightly bearish sentiment.

People taking the optimistic view look to the positive earnings posted by many of the Dow Jones companies, unemployment extension/stimulus packages and Federal Reserve moves as a sign that we will be bouncing back from one of the worst recessions in modern era. On the flip side of the coin, poor consumer confidence numbers, retail figures and unemployment continue to drag many people into the view that a long recession or at least very mild growth is in the forecast. Making the situation more interesting is the November elections that are right around the corner as the democrats try to maintain political power. Republicans believe that the massive amount of government spending is only going to expand the naiton's problems, while the left has taken the "spend me out of debt" approach to economics.

With so many people still unemployed and the market not taking a cautious "Wait and see" approach, it is going to take a lot to make people believe that a global recovery is imminent.

Vehicle Tracking Opinion

Our GPS tracking system company would like to get your opinion on the state of the economy, the direction it is headed and whether or not you believe our government is doing enough.

Do you believe we are out of the woods and on the road to recovery, or do you feel that the economy is still capable of tanking?

Do you believe political leaders have helped soften the blow of the recession and have the economy back on the right track?

Are you buying or selling?