Eugenio J. Aleman, a Wells Fargo Senior Economist, rendered some lowdown about the economy and where the nation is really heading.
According to Rebecca Tonn, writer for the Colorado Springs Business Journal, “Aleman interspersed his one-two jabs of truth with humor to take the sting out of the punches.”
In line with several other national economists, it appears as if our nation is moving one step at a time toward recovery.
However, I like the way Aleman phrases this small bit of optimism as reported by Tonn, “I call this growth ‘assisted living.’”
Basically, the U.S. gross domestic product is $14 trillion dollars annually. Aleman states, “All the stimulus and bailout packages – committed or spent – total $11 trillion, nearly 90 percent of the GDP.”
Wow…As our country continues to move toward socialism, the way Colorado Springs Realtors will be doing Colorado Springs Real Estate in the future might be radically different.
