Wednesday, January 30, 2013

My Pessimism, Wall Street's Optimism

Current Affairs

The buzz in the news this past week is how good the mood is on Wall Street. Optimism is running high there. Well, I don't get it. Someone has apparently not invited me to the party. Somehow that optimism has not trickled down to me and countless others. Optimism my rear-end! We just got slammed with the reinstatement of the payroll tax. The price of goods and services are on the rise without any corresponding increase in wages and salaries. Unemployment continues to soar. Wages are stagnant. Economic growth is at a crawl. Consumer sentiment is nebulous. Services and programs are being cut left right and center. Am I missing something!?