No one quite knows why, but many economists delight in bringing bad news to others. And of course one could easily write an entire article filled with negativity regarding the state of the housing market, the plight of domestic auto manufacturers, America’s trade deficit, the plummeting dollar, sagging consumer confidence, adjustable rate mortgage resets, mortgage delinquencies, defaults and foreclosures, volatility on Wall Street, $90 oil, the soaring price of food and of course the ever expanding national debt.
But one could also write an article with just about as much ease focused upon everything that’s right with the U.S. economy. For instance, the nation’s unemployment rate stands at ... Log in to view full article.