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Jack Kalavritinos's avatar

One of your best! Good to step back and realize there is indeed good news and positive trends.

beryl rosenstein's avatar

Thanks for the good news, but we need a dose of reality"

Middle-class families can't afford high grocery and utility bills.

Gas prices are through the roof.

43 million Americans are carrying 1.8 trillion in student loan debt.

There are increasing delinquencies and repossessions related to 1.16 trillion in auto loans.

Americans are carrying 1.25 trillion in credit card debt at interest rates pushing 20%.

The University of Michigan consumer index is at an all-time low.

Labor's share of economic output has hit an all-time low, while the profit share is at a near record high.

Looking ahead, this does not bode well for the American economy.

Beryl Rosenstein

Pikesville, MD

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