- #871
- 19,809
- 10,779
Discussion moved here:
https://www.physicsforums.com/showthread.php?p=1875925
https://www.physicsforums.com/showthread.php?p=1875925
News What is wrong with the US economy?
- Thread starter GENIERE
- Start date
-
- Tags
- Economy
Click For Summary
The discussion highlights a strong U.S. economy in 2006, with robust GDP growth, rising corporate profits, and increased tax revenues, despite concerns about wage stagnation and high corporate income. Economists argue that the housing market is normalizing rather than collapsing, and productivity in the corporate sector has significantly improved. Critics express concerns about income disparity and the impact of financial markets on pricing and debt levels, suggesting that the economic benefits are not evenly distributed. The conversation emphasizes the importance of considering both positive and negative economic indicators to understand the overall health of the economy. Ultimately, while the data appears overwhelmingly positive, there are underlying issues that warrant attention.