Just my 2 cents on the "improving economy":
I disagree with those that are saying it
hasn't improved....though I think that's a game of semantics. I don't think there is any argument the economy
hasn't gotten BETTER than it was, at it's low point. Just about every economic indicator shows improvement (even the ones mentioned by lockedoutlogic show upward trending). Granted, our economy is not nearly as strong as it was before (no matter what the stock market would lead you to beileve).
The questions are: Will the economy continue to improve and is it stable enough to support continued growth.
I think the answer to both those questions remain to be seen...but the indicators aren't looking so good. The reports about the housing market dip are concerning (since most of the populations primary "source" of wealth is there home)...but housing can be a fickle indicator in short spurts. I need a little more data before I'll really worry..but only a little (say, another 90 days). There are LOTS of factors effecting it (some of which are weather and opportunity in the parts of the country...not to mention the gradual rise in interest rates, which might backslide). But even accounting for that....it doesn't look good.
The fact (as lockedoutlogic mentions) that our "benchmark" unemployment figures don't take into account (at least not in the sound bytes...department of labor has better figures...but even they are not perfect) those who are underemployed or no longer looking for work makes them sketchy at best. THOSE numbers (the number of underemployed and no longer looking) aren't dropping as fast as the "benchmark" rates. And, at the end of the day, jobs rule all.
I think we may see another quarter (or two) in the near future of "negative economic growth", meaning possibly a double dip recession. I doubt, though, we'll see "the bottom" that we saw in the last recession. The somewhat good news is that consumer spending is up right now and there's no real denying that what ends up fueling REAL economic recovery is consumer spending linked to increased demand for goods which leads to a need for more labor (and thus, jobs). IF that effort gets more traction, we'll likely ride out any bumps in the housing market. Much of the rest of what's being done, politically (by BOTH sides) is basically smoke and mirrors.
Now back to your regularly scheduled Disney Conversation.