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U.S. Economy – The Big Picture

“That’s another fine mess you’ve gotten me into.”

Early cinema comedian Oliver Hardy, of Laurel and Hardy fame

U.S. Economy — The Big Picture

A mess by all accounts—and seemingly getting messier.

As we have been saying for some time, U.S. economic growth is stuck in the slow lane.  Very slow lane.  There are few signs of any significant lane changing ahead.

We have seen a serious slide in the American standard of living over the past three years, since the beginning of the recession.  The slide can be measured in many ways.  Food stamps recipients have increased . . .
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