Not Much Better Than At The Peak Of The Bubble
By:
DailyMarkets.com
Posted on April 19, 2012 at 16:56 PM EDT
In “Knee-Jerk Relativism,” I highlighted a Philly Post article detailing how incomplete, inconsistent, or irrelevant statistical comparisons serve to paint a distorted picture of where things stand in today’s economy. As it happens, an article in today’s New York Times, “Debt Burden Lifting, Consumers Open Wallets a Crack,” makes what I believe is a similarly [...]
In “Knee-Jerk Relativism,” I highlighted a Philly Post article detailing how incomplete, inconsistent, or irrelevant statistical comparisons serve to paint a distorted picture of where things stand in today’s economy.
As it happens, an article in today’s New York Times, “Debt Burden Lifting, Consumers Open Wallets a Crack,” makes what I believe is a similarly misleading claim about Americans’ financial health:
The bursting of the real estate bubble and the ensuing credit crisis forced American … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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