Is the glass half full?
...or are the talking heads, full of it?
If you're a bureaucrat living real comfortably of of tax payer money, then the U.S. economy is recovering and unemployment is below 8%. If you live in the real world and actually do your homework you know full well that while there have been spurts of economic improvement over the past three years, those spurts have not turned into real recovery at all and are just ripples in the totally unreliable and frequently inaccurate government statistics. It's laughable to even suggest that unemployment is below 8% when in fact it's very close to 20% but the gov'ment don't want people to know reality.
The Feds are doing their duty in trying to "talk" the U.S. out of an economic recessions - as they have done in the past. Unfortutunately, now days with modern communications it's virtually impossible to B.S. the populace all of the time and get away with it. With a corresponding economic meltdown in Europe and Asia things have been bad for many people and businesses for the past five plus years and most folks are not seeing any tangible economic recovery at all. Consumer confidence is down and unemployment is up. The Feds revise their figures constantly with few taking notice and that's just how they want it.