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"All Economics is Local."
Paraphrase of 'old-saw' "All politics is local".
And I guess Economics is local for those out of work, underemployed, fearful of losing their jobs, or feeling trapped in jobsthey don't like because the jobs aren't out there.
I can tell you that here in NYC the Economy is definately NOT pulling out of the recession--has it been declared officially over ?
More layofffs on the two biggest industries -- hi-paying FIRE (Finance, Insurance, Real Estate) and in Tourism--traditionally labor-intensive but low-paying.
How is the local economy doing where you live ? Both here and Overseas .
Strange, I kinda believe people more than the those who release The Official Story. But, hey, somewheres gotta be doing better.
DOOOOG
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