Sometimes even a hunting dog can’t sniff. Which leaves the critter barking up the wrong tree and his master with his nose more bent out shape than the fairway on a difficult par-5.
We Americans used to be optimistic. John Wayne’s swagger ensured that.
With The Duke gone, we Americans at times think we suck even when we don’t. Like a teenage girl who only sees ugly in the mirror even though she’s attractive.
I guess feeling bad about ourselves is a good excuse to drink or lose ourselves in reality television.
While China, Brazil, Europe and the Middle East are wrestling with economic issues and getting their ears pinned back to their ass, the U.S. economy is chugging along in a positive way.
Say what? Next thing you know we’ll find out that Mussolini once had trouble getting a tee time in Italy.
Hang onto your private parts because this may turn you upside down, but U.S. economic expansion now has entered its 49th month.
The best kept secret since Woody Allen revealed that he was Genghis Khan in a previous life.
It is now the fifth longest of the 33 expansions measured since the 1850s.
Hard to believe, my friends, but true. It’s just that the economic growth is not fast enough for anyone’s liking. But growing we are.
The U.S. may not have regained its swagger, but economic self-confidence is returning. And there’s a good reason for it.
With four years of growth under our belt, Americans in the aggregate are doing better financially than they were in 2008 and 2009. Everyone is doing a much better job keeping up with financial obligations. Credit card delinquencies are down to levels not seen since the 1990s, and personal bankruptcy filings are off 14 percent in the past year alone.
Is this a boom time? Of course not. But while the rest of the world seems to be going to hell in a runaway down elevator, we are at least going up on a slow-moving escalator.
So lighten up and enjoy this positive cycle before Uncle Sam gets his pocket picked by some dastardly overseas market meltdown or some hideous domestic banking implosion.