It's very bad in spite of the rising stock market which is an aberration
involving international money and not main street. The new bubble will
burst worse than the last. Loans are very difficult to get and no
meaningful hiring is happening. Most economists agree that the stimulus
package wasn't big enough to do the job and this Congress won't approve
any more of it, so the handwriting is on the wall that we're in for a
rough ride. I wouldn't venture into any long term agreements without
protecting your nest egg, if you still have one.
----- Original Message -----
From: <mikeewanus@aol.com>
To: <artshow_photo@yahoogroups.com>
Sent: Monday, January 03, 2011 9:37 PM
Subject: Re: [artshow_photo] Re: Taking off / economy
> Hello,
> I am lucky enough to have a job.It has been about four years since
> my
> last raise. All employees at the hospital in which I work took a 5
> percent
> wage cut, and I took other pay hits. Rent keeps going up, and so do
> food
> prices. Unemployment here in Florida is around 15%. I'm told that
> people who
> have graduated x-ray tech and nuclear-med tech programs have been
> searching
> for jobs for two years.
> I do not share your optimism.
> Mike Ewanus
>
> P.S.- According to business reports I have heard on NPR, home loans
> are
> currently very difficult to get.
>
>
> In a message dated 1/3/2011 9:55:38 A.M. Eastern Standard Time,
> grinder12000@yahoo.com writes:
>
>
>
>
> David said something in the Taking Off 2011 thread that sort of
> tweaked my
> brain cells a tad.
>
> He said "Considering the state of the economy" he did well last year.
>
> I'll be honest, I have not been following the thread that actively
> but I
> feel the economy can no longer be an excuse for anything. The economy
> is
> doing very well!
>
> The only people who believe the economy is doing poorly is the media
> who
> need to sell their news and unemployed people. Yes - there are many
> unemployed people (but not more then expected) but they are actually
> not the ones
> that buy art in the first place.
>
> This whole bad economy thing is fear driven and as long as people keep
> getting told the economy is bad they will believe it.
>
> The people that buy Art have been making double digit gains for two
> years
> in the market and have jobs!
>
> Last year was my first year "being out there" and from all the people
> I
> talked to 100% said this year (last year) was much much better then
> the year
> before (but not as good as the late 90s I guess).
>
> Sorry - but I am pretty involved with watching the economy and we are
> about to enter year 3 of a pretty good bull run and I expect this is
> going to
> be a great year.
>
> Rod
> www.melottephotoimager.com
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
>
>
> ------------------------------------
>
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