Saw this and had to share it because clearly, there are enormous masses out there that just are not feeling giddy over the economic "recovery". Trickle down effect? Yeah, o.k. Sure, the stock market is enjoying all time new highs but is the economy truly humming along? The numbers show obviously not for the majority. Bribe your kids. Do whatever it takes. They'll need it later, even more than they need it today.
The economy is, in a word, “lumpy.” It is strong in some regions, anemic in others. Strength by economic sector varies widely. There are myriad reasons for this: Some parts of the country were much harder hit by the real estate collapse; some sectors naturally rebound more quickly; some innovations lend themselves to more rapid growth.
The kind of recovery that you personally are experiencing is highly dependent upon many factors, but today I want to focus on three: education, market sector and geography. The data suggest these elements matter a great dea