A Bright Look at the Economy

No matter which news station I watch or newspaper I pick up, it seems that every media outlet only offers a bleak economic forecast. That's why I was intrigued when I saw this article on BusinessWeek.com, which argues against getting overly concerned about the economy.

The article points to a recent op-ed in the Wall Street Journal entitled "Life is Good, So Why Do We Feel So Bad?," which states, "It would seem that there really are two...American economies—the real economy and the perceived one." The article also points to a 2007 poll asking Americans if they consider themselves part of America's "haves" or "have-nots." Surprisingly, 75 percent of respondents consider themselves part of America's "haves."

Obviously higher fuel and food prices, and a slumping market spell out some trouble for small business owners and other Americans, but it's nice to hear a different viewpoint of the economy. Check out the article for on our economy's bright side.