For Some Listeners, Economic Talk Is Too Much

Our recent hour exploring the global economic possibilities for the coming year hit most of the major topics at hand -- concerns over falling oil prices, political and financial peril in the Eurozone and Russia, worries about potential changes in the Federal Reserve's policy of quantitative easing — but at least one listener wasn't interested in all of that.

Caller Chris McGaw from Cleveland, told us these economic forecasts don't matter to an average listener like him.

"I'm 29. My cohort has been carrying this recession on our backs for a long time," Chris said. "The Dow's over 18,000? I don't care. It all seems like inside baseball to me."

Later, Chris sent us a follow up email. He gave us permission to reprint that email here.

"So much of the discussion about our economy has been dominated by the economic indicators, often just raw data and analysis of said data, that the larger picture is harder to see.  Housing is improving, the GDP is growing strong, and the stock market is at historical highs.  This benefits those within the most active portions of the American economy, and yet so many of us aren't in that portion.

Frankly, the discussion of how well the economy is doing, or isn't, falls upon deaf ears among my cohort.  Those that graduated in 2007 +/- a year or two have had a rough go of it, and the long tail of our falling out of the American economy is going to be brutal."

Do you agree with Chris? Does his blunt, honest interpretation of most economic forecasting ring true to you?

Let us know in the comments below, or on Facebook, Tumblr and @OnPointRadio.


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