What does a "strong economy" mean to you?

[Bootsie]

What signs would you look for to describe an economy as "strong"? Which criteria would be important to you before you would say that the economy has recovered? It would be interesting if you could provide a description of what you mean by "low" or "high." For example, does low unemployment mean below 3%, below 5%, etc.

[Mrs Mungo]

Current stats with historical highs and lows:

http://www.bls.gov/web/laus/lauhsthl.htm

 

But, one of the biggest current issues is underemployment, and that is more difficult to track.

 

There is a site that tracks the "misery index" by adding the unemployment rate to the rate of inflation. It tracks it by year, by president, by congress, etc. But, by year is probably the most interesting. It goes up and down, up and down in a cycle.

[justamouse]

other--a flourishing middle class as the largest part of the spectrum

[Mrs Mungo]

other--a flourishing middle class as the largest part of the spectrum

 

Then you should vote low unemployment and low inflation. Those are the indicators of a flourishing middle class.

[Tabrett]

Not just low employment, but low employment with middle class wages being the norm.

 

We can have high employment, but if the median wage is $10-$15 an hour, we are still going to have a week economy.

[justamouse]

Then you should vote low unemployment and low inflation. Those are the indicators of a flourishing middle class.

 

Der, I didn't see the multiple choice part. :D

[Mrs Mungo]

Der, I didn't see the multiple choice part. :D

 

:D