Yesterday I spent the day in the Nashville, TN, and Bowling Green, KY, area. Their economy seems to be perking along nicely. I understand that there have been some layoffs and the Corvette plant in Bowling Green may reduce production for a period, but all-in-all, it seems to be hopping.
Jobless numbers being reported are ugly. It continues to signal some fundamental restructuring within our economy. Our carmakers are inefficient -- due in part to regulation and in part to Union imposed overhead. That's where a lot of the jobless claim numbers are being generated.
I think we may be "surprised" to see the media coverage of the economy turn much more positive after the Inauguration of the new President. They must exercise their power and annoint The One. After all, they believe they made him what he is. I can't argue that point.
1 comment:
I don't know sir- the stimulus??explain that word -he is proposing is starting to garner a rumble of dissatisfaction- Biden continues to trip himself up every time he talks -- fun to watch - cringe to live..sk
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