Is the Economy Really that Great: Americans put away their wallets | csmonitor.com

Americans put away their wallets | csmonitor.com

I submit that the economy is not quite out of control, but fishtailing on a slick road, unable to gain meaningful traction.

Unemployment numbers are down. But a record number of folks have exhausted their benefits. Check the welfare rolls.

The poverty gap is bigger than ever. Wages are not keeping pace with inflation. And the robber barons keep squeezing productivity gains out of us.

Boy, am I tired.