To be sure, this is NOT your father's recovery. I don't think it is the recovery Ben Bernanke and the Merry Men had in mind down at the Federal Reserve. In my little corner of the world, I see people buying things and selling things. I see people adjusting to the higher costs of groceries and gas. Old debts and stubbornly high real estate prices in some markets are hampering or choking off a full blown traditional recovery. I think we might be getting the "New Coke" of economic recoveries. It's still "wet" and comes in the traditional looking bottle but it is strange tasting and certainly not living up to all the hype.
The can you've come to trust with newfangled crap inside! |
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