Hiding from good economic news?

Reading the doomsday economic reports on the web and other media, so many people would have you believe that the economy is on the brink of ruin. I have made the statement and hold fast to my opinion that we are recovering from poor management during the last administration as well as dealing another issue from the previous administration called the war on terror (though the economic affects are mixed) and a few issues that are completely out of the control of anyone and that's the recent (and pending?) natural disasters.

I've posted quite a few opinions on this, even on sites that supposedly support our current president only to be quickly "corrected" and warned that things are going to get worse. I'm not convinced. With all the circumstances pushing and pulling on the domestic and international economies, we really are doing great. Even the recent decline in jobs was way below expected when factored in with the displaced people in Louisiana.

But in all fairness, I am no financier!! That is for sure. All I can go by is what I see, what I know and my own common sense... which I have been told is sorely lacking. Okay, but from a simple mans perspective, a small business owner and as a social and economic conservative, I'm here to tell you that things are going great! Our economy is holding in the face of high fuel prices, natural disasters, a war on terror with many fronts and most pointedly, a deep and passionate political divide in America. We may not be making huge gains but the fact that businesses are growing, earnings are improving and jobs are available tells me that the next ten years are gonna be boom years.

Where do I get such wild ideas? Simply look at this morning's Associated Press headlines. I added color coding for easy reference.

I've posted this opinion before, but I truly believe that the economic glory years of the 90's was due in no small part to the conservative economic foundation set forth in the 12 years prior. It took 8 short years to destroy it and that is another influence on the current economy. I may be way off but it remains my opinion.

If I'm wrong then you can tell me you told me so... if I'm right then we all win now don't we.