Is The US Economy Really Improving?

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I keep hearing that the US economy is showing signs of improvement. But, where am I hearing that?

  • Cable news networks
  • Some newspapers
  • Some small business owners

I'm also hearing the opposite. I'm hearing some negative economic news from;

  • Local franchisees
  • Sales managers
  • Auto dealers
  • Family friends

Who should I believe? Should I believe;

  • Millionaire news anchors
  • Millionaire business owners
  • Politicians (Some millionaire's there too, by the way)

Or should I believe folks that;

  • May be on the verge of losing their homes
  • Have been out of work for 8-9 months
  • Are politicians


Do you think that I am being a "Negative Ned?"

Am I living in reality?

Are things really getting better?

Share.

Filed Under: Economy
About The Franchise King®

My name is Joel Libava, and I'm the author of Become a Franchise Owner! In addition, I'm a franchise ownership advisor. I teach people how to properly choose, research, and buy franchises.
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  • http://www.showhomes.com Thomas Scott

    Is the glass half empty or half full?
    At the Franchise Update conference last month in Chicago, speakers said that we are in a technical recovery. Technically, we are out of the recession. In reality, though, there are going to be more job cuts, lots of mess in the real estate market (great news for Showhomes franchisees) and the average person won’t be able to tell a difference for the next 4-5 years. This is mostly because banks won’t loosen up credit requirements for 4-5 years and this is what drives the economy more than anything else. It took a long time to mess up the economy and it will take some time to fix it, tecnical recovery or not. I’m going to chose to see the glass as half full and figure out a way to make today’s economy work for me an d my company.

  • http://profile.typepad.com/franpro The Franchise King

    Thomas,
    Thank you for that uplifting comment:(
    The Franchise King
    Joel Libava

  • http://www.barbarweltman.com Barbara Weltman

    The new unemployment numbers show you’re not wrong!

  • http://profile.typepad.com/franpro The Franchise King

    Barbara,
    It’s probably the only time I’ll be right today.
    Actually, I’m always right…all day long-until my wife comes home:(
    The Franchise King
    Joel Libava