They say things are getting better. That, economic healing has now set in and the prosperity march is now moving forward.
If you own stocks, maybe they are right. Maybe unemployment has crested. Lingering doubt on that one. But, what remains the same or worse ?
A barrel of oil is around $ 90. Some forecast it could get to $ 150. a barrel; maybe as early as this summer. Property values are flat or dropping in a lot of places. One million bankruptcies in 2010. A hard winter, so far, is producing very high heating costs. Strange weather, worldwide, will affect food prices. People are watching this closely now.
These items alone will insure that times are getting better only for a few. The middle class squeeze continues, unabated.