Recognizing the Recession

We have learned today that, to the evident surprise of some, the manufacturing sector in the United States is technically in a recession. So-called experts were not aware that sectors of our economy were anything but booming. This demonstrates anything but expertise. We have over ninety million adult Americans who are out of the workforce in a nation of around three hundred and twenty million people. Oddly, the US dollar is strong which hurt US manufacturers by making the few goods still manufactured here expensive abroad and higher in price domestically relative to similar goods imported from nations with weaker currency. I am amazed that more Americans have not recognized how bad the Obama economy really is. The manufacturing sector being in recession simply reflects where much of the rest of the US economy actually is.