Is The Economy Getting Better Notes From an MBA Econ Class

Is The Economy Getting Better Notes From an MBA Econ Class In a comment on my job search depression post, Blissful shared some very interesting thoughts from her MBA level econ class regarding the economy: What I learned in my Economics class is quite disturbing. The economy is actually not getting better. Any surprises here? When you hear on the news that unemployment rate decreased, well it’s not because people are getting jobs it’s because people become so discouraged that they dropped out of the labor force and stopped looking for work so the #unemployed/labor force = a lower percentage. Ive been saying this a lot glad to hear the econ profs are talking about it frankly!  Newspapers and politicians have to know this but they always seem to paint a rosy, misleading picture. Its practically right out of Atlas Shrugged :s When you think that the stocks market improved and you’re getting more returns on your investment; well that’s not really the case here. Oh crap. I havent read much on this explanation from Blissful below The Federal Reseve purposely devalued the dollar so we appear cheap to the foreigners to invest in us. When there is a high demand for dollars, the price for investing in dollars will go up. That is the law of supply and demand in economics. So now, all of a sudden it looks like your ROI is getting so much better. Yuck.  This is not a good path.  It is not sustainable. The government is trying to make you think that you’re wealthier so that you can go out and start spending again. Im afraid of so we can go out and start spending again, considering so many people spent money they didnt have (aka, loans). That will put more money into the circulation of the economy. True, but if people arent responsible for the money they spend (in other words, they dont have it, or its a loan, etc., than pumping junk money into an economy will only result in more  bankruptcy,  foreclosures, etc.).  If this is what the government is doing its very, very flawed. But what they don’t understand is that we’re NOT going to spend more money if we don’t have JOBS!!!!!!!!! Spoken like a true unemployed person  Jobs is what we need.  Unfortunately, fake jobs is not what we need.  Government spending to create jobs is not what we need because its not sustainable, and its not the role of government.  We need policies in place that help business thrive.  When businesses thrive, they hire, and spend, and feed the economy. Scary times?  Yes, indeed. Is The Economy Getting Better Notes From an MBA Econ Class In a comment on my job search depression post, Blissful shared some very interesting thoughts from her MBA level econ class regarding the economy: What I learned in my Economics class is quite disturbing. The economy is actually not getting better. Any surprises here? When you hear on the news that unemployment rate decreased, well it’s not because people are getting jobs it’s because people become so discouraged that they dropped out of the labor force and stopped looking for work so the #unemployed/labor force = a lower percentage. Ive been saying this a lot glad to hear the econ profs are talking about it frankly!  Newspapers and politicians have to know this but they always seem to paint a rosy, misleading picture. Its practically right out of Atlas Shrugged :s When you think that the stocks market improved and you’re getting more returns on your investment; well that’s not really the case here. Oh crap. I havent read much on this explanation from Blissful below The Federal Reseve purposely devalued the dollar so we appear cheap to the foreigners to invest in us. When there is a high demand for dollars, the price for investing in dollars will go up. That is the law of supply and demand in economics. So now, all of a sudden it looks like your ROI is getting so much better. Yuck.  This is not a good path.  It is not sustainable. The government is trying to make you think that you’re wealthier so that you can go out and start spending again. Im afraid of so we can go out and start spending again, considering so many people spent money they didnt have (aka, loans). That will put more money into the circulation of the economy. True, but if people arent responsible for the money they spend (in other words, they dont have it, or its a loan, etc., than pumping junk money into an economy will only result in more  bankruptcy,  foreclosures, etc.).  If this is what the government is doing its very, very flawed. But what they don’t understand is that we’re NOT going to spend more money if we don’t have JOBS!!!!!!!!! Spoken like a true unemployed person  Jobs is what we need.  Unfortunately, fake jobs is not what we need.  Government spending to create jobs is not what we need because its not sustainable, and its not the role of government.  We need policies in place that help business thrive.  When businesses thrive, they hire, and spend, and feed the economy. Scary times?  Yes, indeed.