greg334
Veteran Expediter
Yea.... I get your point but the problem is that we are not growing, I mean how many new jobs are being created, how many new businesses are being started and sustaining and how many people are actually remaining positive about the future. I mean where is all of this without using the fallout of the government dumping billions into the economy?
We been here before, it don't matter what we see today, that is short term thinking but what will happen tomorrow. What happens next year?
Joe Biden's economist there said the same thing, we are no where near the edge of the woods or on the cusp of anything. Why would he say that if it wasn't near the truth? Granted the economist don't know what to make of this economy, the ones who are honest are cautious and the ones who want to look like they know what they are doing will say everything is fine now.
Of course we see improvements, we saw improvements in the middle of the depression, where people were being hired and people who were laid off went back to work but that was also short lived. We had a bad recession in 1937, it was worst for most who struggled than the previous 7 years. But again we don't learn a thing from history, do we?
We, us in this industry will see better times in the short term to a point but there isn't anything sustaining it. A lot of the work has to be done, the discretionary stuff is gone and with less trucks on the road rates should have risen but haven't.
I'm not the only one weighing in on the cautious side of things, a lot of others who try to figure this all out for a living also see the same things I do. My worry is debt, if we try to move the economy on debt we accumulate, and then try to sustain it, we will crash hard if we don't get some assets to back up the debt.
We been here before, it don't matter what we see today, that is short term thinking but what will happen tomorrow. What happens next year?
Joe Biden's economist there said the same thing, we are no where near the edge of the woods or on the cusp of anything. Why would he say that if it wasn't near the truth? Granted the economist don't know what to make of this economy, the ones who are honest are cautious and the ones who want to look like they know what they are doing will say everything is fine now.
Of course we see improvements, we saw improvements in the middle of the depression, where people were being hired and people who were laid off went back to work but that was also short lived. We had a bad recession in 1937, it was worst for most who struggled than the previous 7 years. But again we don't learn a thing from history, do we?
We, us in this industry will see better times in the short term to a point but there isn't anything sustaining it. A lot of the work has to be done, the discretionary stuff is gone and with less trucks on the road rates should have risen but haven't.
I'm not the only one weighing in on the cautious side of things, a lot of others who try to figure this all out for a living also see the same things I do. My worry is debt, if we try to move the economy on debt we accumulate, and then try to sustain it, we will crash hard if we don't get some assets to back up the debt.
