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elleng

(130,895 posts)
Thu Sep 15, 2016, 01:22 AM Sep 2016

A Rebounding Economy Remains Fragile for Many.

'The eye-popping improvement in economic fortunes last year raises the question: If incomes are up and poverty is down, why is Donald J. Trump’s message of economic decay resonating so broadly?

The answer is in plain sight. While the economy finally is moving in the right direction, the real incomes of most American households still are smaller than in the late 1990s. And large swaths of the country — rural America, industrial centers in the Rust Belt and Appalachia — are lagging behind.

“We ain’t feeling too much of all that economic growth that I heard was going on, patting themselves on the back,” said Ralph Kingan, the mayor of Wright, Wyo. “It ain’t out in the West.”

That bleak reality helps to explain why the good news the Census Bureau issued Tuesday about a rise in household income was greeted gleefully by economists but is unlikely to change the complexion of the presidential race.'>>>

http://www.nytimes.com/2016/09/15/business/economy/census-poverty-income-donald-trump.html?

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A Rebounding Economy Remains Fragile for Many. (Original Post) elleng Sep 2016 OP
Many people have not felt the recovery. TDale313 Sep 2016 #1
Right, elleng Sep 2016 #2
Yes vadermike Sep 2016 #3
Don't know that people are looking for scapegoats, elleng Sep 2016 #9
This message was self-deleted by its author trusty elf Sep 2016 #4
That's because Wall Street gets to say what is a "good" economy. Spitfire of ATJ Sep 2016 #5
WY? Isn't that state run by Repukes? AllTooEasy Sep 2016 #6
Wyoming is suffering with a downturn in the oil economy bhikkhu Sep 2016 #7
You only have be 8 yrs old to remember AllTooEasy Sep 2016 #8

TDale313

(7,820 posts)
1. Many people have not felt the recovery.
Thu Sep 15, 2016, 01:31 AM
Sep 2016

Wall Street doing great. Main Street? Not so much. This is across the political spectrum. Yes, things are far better than they were when Obama took office. No, that doesn't mean things are ok by any stretch of the imagination.

elleng

(130,895 posts)
2. Right,
Thu Sep 15, 2016, 01:38 AM
Sep 2016

and partly reflected by success of Senator Sanders' campaign. Here we have many dissatisfied 'Trumpsters.' Fits.

vadermike

(1,415 posts)
3. Yes
Thu Sep 15, 2016, 02:02 AM
Sep 2016

Agreed many are still suffering That is why we may be in the verge of possibly getting trump as President I personally think president O rescued us and brought us to a better place and it's getting better But too many people don't think so and are looking for scapegoats ugh

elleng

(130,895 posts)
9. Don't know that people are looking for scapegoats,
Thu Sep 15, 2016, 11:03 AM
Sep 2016

but fact is many have not felt the better place about which you're right; more needs to be done, many recognize that, and hope for a different approach.

Response to elleng (Original post)

AllTooEasy

(1,260 posts)
6. WY? Isn't that state run by Repukes?
Thu Sep 15, 2016, 03:13 AM
Sep 2016

Hmmm. I wonder why their economy sucks. Same with WV, Ohio, and the South. Go figure

bhikkhu

(10,715 posts)
7. Wyoming is suffering with a downturn in the oil economy
Thu Sep 15, 2016, 03:38 AM
Sep 2016

West Virginia suffering from the decline is coal production and use...other places, other reasons. Overall, on average, things are pretty good. I don't mind saying that as I've been around awhile and I can remember well what "pretty bad" is like.

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