Reply #11: low savings, tight credit. [View All]

[whattheidonot]

good news , maybe. Factory orders are being controlled to keep prices up and longer hours per worker is not necessarily good. that means fewer getting hired. a higher price with less workers is good for companies, not necessarily the economy. Check out some stores. the shelves are being kept bare. low savings, tight credit makes everything cost more, continues cycle. a slow , slow, recovery and a different kind.living nicely on a hourly wage is history for now. the only economy where money is moving is at the top with schemes and services for the rich. the old economy of more, more, more is finished. there is a squeeze either way.