Economic Recovery

Gross Domestic Product (GDP) is the most general and most used measure of how the economy is doing. All countries use such a measure. Its a pretty good measure, but it has shortcomings. It may be more useful to Wall Street than to Main street. It does not reflect employment changes, which most of us really care about. GDP recovery preceeds employment recovery by several months to maybe a year or more.
Indicators are that the U.S. economy is recovering. Employment is not yet recovering because companies are reluctasnt to hire new workers until they know the GDP recovery is sustained or real. Instead they increase the number of hours existing employees work and they hire temp workers.
So don't believe all that yammering in the media about the Federal economic stimulus package not working and that the economy not improving. The stimulus package kept unemployment from going even higher than it did and it appears to be helping the recovery. The republican answer would have been???
In spite of the hyena like wailing of the conservatives and Obama haters, we are on the right track, but it could be fragile. And in spite of Obama's promises to create jobs, there is little he can do in the short run. The seeds of a recovery have been wisely sown and they will continue to yield.
John, a rational citizen