In late August, we asked you if you thought the economy was back on track.
Overwhelmingly, you thought that it was leveling off, but not yet back on track. And 30% said that it was still getting worse, including Phil, who posted this comment:
Absolutely getting worse. Spending for the sake of spending does not increase $ velocity. The deficit bill will come due at some point, which will lead to hyper-inflation and a de-valuing of the dollar. We havent solved our economic problems one bit since last year, we have just effectively delayed the inevitable.
Now, 3 months later, much of the TARP money has been re-paid, the stock market has been steady, if not growing a bit, and the “most accurate forecaster” is predicting a surge in the economy in 2010.
But, unemployment is still in the double digits and the government is still spending a ton of money it doesn’t have (or needs to raise).
So, I want to know if your impression has changed: now, is the economy back on track?
Answer the poll below and then let me know why in a comment.
[poll id=”29″]
