Forget the Rosy Stats: The Little Guy Is in Bad Shape

Economy far worse off than statistics indicate

By Kevin Spak, Newser Staff

Posted Nov 18, 2009 1:34 PM CST

(Newser) – Don’t believe the rosy official statistics; for most Americans, the economy is in incredibly bad shape, according to the economist some call “Dr. Doom.” We’re looking at a tale of two economies, Nouriel Roubini writes in the Globe and Mail. For... Read full story »

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Forget the Rosy Stats: The Little Guy Is in Bad Shape

Economy far worse off than statistics indicate

economic indicators • consumer confidence • unemployment • consumer spending • economy • underemployment • Nouriel Roubini

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More Newser Stories

US Consumer Spending Falls Yet Again

1% drop greater than forecast; 6 straight months of decline

Consumer Confidence Soars

It neared its post-recession peak this month

Fed: We Could Help Economy...

...But we won't just yet

Obama's Economics Are Working

Ignore the political crowd, the president's been great for business

Ignore Glimmers of Hope, Economy's Still in the Tank

If Obama takes his foot off the gas, it'll be 1937 all over again

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