by Blog Boss
12. June 2009 15:22
Unless you have been living in a bunker somewhere for the past 6 months or more you know about the constant back and forth about the state of the economy with any and everyone reaching for straws in attempts to exude confidence in an economic rebound. Well the fact of the matter is that the economy is still weak yet. In short, whatever momentum is happening at the moment is being smothered by fresh worries of inflation i.e. gas price hikes for starters. Also, with recent hikes in interest rates, investments will likely loose some steam; all of which don't bode well for job creation or job growth. So in short its time to "show me" - like the show me state Missouri - show me, the real sustainable evidence versus buying into the rhetoric and letting go of any cash that is not absolutely necessary. If the talkers who claim things are on the right track have any sincerity in their economic recovery claims than such a recovery would be fueled by two way investment - not just one way via consumer spending. Otherwise, job growth is questionable, at best, with inflation worries combined with an already fragile economy. 