Okay so this has been killing me all day: is the economy really getting better? Everyone that tells me that it is not only fails to deliver an example that doesn't sound like a guess, but some people I've asked avoid it all together.
Honestly, I don't think we're in that great of a position economically. Can someone please prove me wrong? This isn't a challenge, I genuinely want to be informed. I don't want to get this thread off-topic, so one response would do as long as it is factually sound.
EDIT: Why does this thing say I voted for Jill Stein? lol no >_>
Some arguments for an improving US economy:
Unemployment is down from both highs and what is probably would have been without the stimulus stuff
The housing market is beginning to recover in most places, aka housing prices are going up which is undeniably good for the average American
The stock market is better (the DOW and other major composites, at least) than at any time during the crisis
Hiring is (arguably) starting to pick back up again, some sectors more than others
Consumer spending and confidence is up
Credit has become easier to get andbig institutions now have better safeguards (bank are now required to have much larger cash reserves t prevent a 2008-esque crash)
Arguments against an improving economy:
Most general public opinion polls
Median/mean household and personal incomes are down about $2200 per family from 2008
Unemployment is still higher than healthy, and the current 7.8% rate fails to account for underemployed or those who have left the labor force
National Debt and annual deficits are high
Not out of the woods yet because of potential for a Euro breakup/major crisis (though this has mostly passed, but it for sure still there), slowing global economy in BRIC countries
Basically, pick and choose the factors that are most important to you to determine whether the economy is growing or not, but never discount the other side entirely because both camps have valid arguments and good facts to back them up.