Is the economy getting better or not?

It seems that people around the world log on to the Internet, watch t.v., listen to the radio and podcasts, and engage in communication find out if the economy is getting better or not. Many grab on to any hope and sign that things are picking up. The mass media will announce even a tiny fraction of signs of economic improvement yet what you read online is not in line with what is shown on t.v.

Then in regional, local, and private circles there are similar talks that seem to contradict one another, just like you’d find on cable tv or on the Internet. Yes, it’s getting better. No, it’s not. Maybe it is and maybe it’s not. And so the guessing game continues.

The reality is the news that you hear of – the price of gas and oil has decreased, there’s a small percentage of decreased unemployment, and so on – is not always the full picture. Surprise, surprise. So gas has gone down by a few pennies and everyone is cheering. Reality is that gas prices still have a long way to go back down to where it was before the economy crisis hit. Most likely, it will never decrease to that price again. And so we are happy just to see it going down at all. But that is not a true sign of the economy getting better.

There are talks about why isn’t the economy better now that the cost of gas is down? Well, first of all, the decrease in fuel cost is because of the release of emergency gas reserves by President Obama. Tapping into what normally is saved for emergency situations such as hurricanes may give us a temporary sigh of relief but it’s not going to keep the price of gas down in the long term. It’s not going to create the jobs that are required to put people back to work and get income. It’s not true productivity.

Reporting unemployment rates that aren’t accurate and reporting any slight miniscule increase in real estate sales may be able to fool some people and create some hope but it’s not really providing a solution.

Going after the rich, taxing retirement money, decreasing welfare programs, printing more money, coming up with new bills to tax more, and so on may provide some cheerleading and encouragement. Yet none of these steps are providing what really needs to happen to improve the economy.

Therefore, is the economy getting better? NO. We’ve got a long way to go before the economy will get better. Productivity has to happen before the economy can get better.

Our world is facing an economic crisis that is as close, if not greater, than the Great Depression. Things will get better but for now, it is my belief that much has to happen before the economy does pick up.

Having stated this, if you are positioning yourself right, you can survive and maybe even come out ahead during such a time. Many have made it through and a few have come out even better. So there is hope. During economic and financial crises, fortunes have been made.

Note:  The content at this website and blog site is do not provide investment, financial, or tax advice and should not be used to make any investment decisions.


About Stephane Manos

Stephane Manos has developed several online companies. While working as an online entrepreneur, he fell in love with the sales aspect and recruited some of the best clients and affiliates the companies have ever had. The fun, he found was in building the connections and relationships. One of Stephane's top qualities is being able to motivate. He found a passion in motivating others which in return motivated him. Happy colleagues and clients would send word-of-mouth referrals and increase traffic to his online businesses. Teamwork is something that Stephane promotes. The focus is not on self or individuals but in working as a team to reach the same goals. It is his role as a leader to lead the team by example. Currently, his interest is in real estate investments and financial investments. He is now looking into emerging markets such as the Middle East. He also believes some of the better deals can be found in certain parts of the United States. Many distressed buyers are looking to liquidate. Developing new online businesses, purchasing commercial and residential real estate, and developing rentals has led him to travel around the world. Stephane Manos contributes a portion of his time and earnings to charitable associations and philanthropic groups. His charities are: -Children's Telethon -AHEPA brotherhood and Shriners -REVIVRE Bipolar Support Assocation
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