I don't usually create any off-topic threads, but after reading yet another front page article on CNN or Fox about the economy being in the porcelain and looking out of my office window and seeing quite the contrary, I wanted to ask you guys what your opinion is of how your local economy is doing.
I work in Charlotte, NC and all I see are new, beautiful homes and condos going up and people driving brand new cars and going out to eat and basically everything contrary to the picture that the media has painted. I realize that this may not be the case for everyone but I personally don't know of anyone doing that badly. Being a recent college graduate, most of my friends have not had problems finding good jobs and many have bought homes recently and are doing very well for themselves. Its not like I'm isolated in a higher class social circle either - the jobs we are getting are all white collar entry level positions in the finance, real estate, and professional service industries but we are all WELL below the $100k/yr tax bracket, that's for sure.
Is the economy really that bad or does everyone just think it is bad because the media says so every single day? The US is still a much better place to live than 95% of the rest of the world. Ask your grandparents about what it was like to grow up in the depression-era and realize that even today, that's about the norm for a lot of other countries out there....
So, relatively speaking, are things really all that bad? $4 gas sucks but its been like that for at least the past decade in Europe...
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