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What is the State of the Economy in 2013?

Leave a comment to let us know if you feel the economy will get better or worse in 2013.

What is the state of the economy in 2013?

That’s the question we’re asking this week, and we would like to know what you think.

The Labor Department released a report Friday that said employers added 155,000 jobs in December, according to NPR. The Big Three automakers are poised for a big 2013, according to the Detroit Free Press. And the stock market closed the week at a bull market high, according to the USA Today.

With that news, do you feel optimistic about the economy in 2013? Are the nation’s financial fortunes turning the corner, or do you feel like there is still trouble ahead? How do you feel the state of Michigan will fare this year, and will the auto companies lead the way?

Let us know by leaving a comment below.

Retired Army Tanker March 07, 2013 at 06:34 PM
I am a Regular Army veteran, and I am 60% disabled as a direct result of my active duty Army career. Thankfully, I was able to get hired-on as a DoD Civilian after I left active duty, which allows me to continue to serve my country as long as I am able to do so, albeit not in uniform. I am not bitter about my disability; rather, I served with pride and honor, and I'd do it again. I am, however, bitter that some people think that I somehow deserve a 20-percent furlough-induced pay cut as a DoD Civilian. In the past year, three of my fellow DoD Civilian colleagues from my own office volunteered for six-month temporary duty assignments in Southwest Asia, right alongside our uniformed warfighters: all three DoD Civilian colleagues served in Afghanistan. I resent any notion that I or my fellow DoD Civilian colleagues are negligent, malfeasant, ne'er-do-well, under-worked, over-paid, or otherwise deserve to have a 20% furlough-induced pay cut. My fellow DoD Civilian colleagues and I bust our collective asses in an effort to support the warfighter in a manner that we all hope the warfighter down range DOES NOT BECOME SIMILARLY DISABLED - or worse. Rational voter ignorance: it is real. Read about it. Don't succumb to the 30-second sound bite or political commentary masquerading as fact. http://econ.as.nyu.edu/docs/IO/16670/Somin_2_20101213.pdf
todd b March 07, 2013 at 11:26 PM
Gotta look at it with glass half full attitude -- 20% more time to spend with family. When I was unemployed at a 100% pay cut for 24.5 months with refusal to go on unemployment, I made the best of it, took extra classes to improve skills and moved on. I don't think anyone would say any government employee "deserves a furlough" as that would be pretty mean, but cold hard facts are government's out of control spending must be reigned in, defense is the third largest expense category in the budget and can't be exempt from cutbacks. Sequestration is a good first step but long way from putting dent in budget. The link below is a real time look at US spending and the minimal effect current sequestration has on the big picture. Every American should study these numbers. http://www.usdebtclock.org/
Daniel Kegley March 08, 2013 at 12:41 AM
Todd, you said,"Change will never come to pass until these type of structural changes happen:" I agree. While your list is well-reasoned, it isn't all that needs to be done. Of course you can't list everything, I understand. I think, though, that all these things must come from some really basic changes in public behavior. It is not difficult. Quite basically, these changes cannot occur unless the citizens demand it, and in order for that to happen, people would have to understand what is happening to America. You keep hearing that the people aren't stupid. Well, I disagree. Most are. Living here in Michigan for the last thirty years, I have heard over and over from union members, for example, that even if it means their very own children have no future, they want their check, be it a government handout, a ridiculous pension or benefit plan, or something else they say they "deserve". Most either don't know, or don't care, what happens down the line. We have a president that supports that reasoning with lies every day, and his voters really believe he is in their corner. He is not. Short of the people waking up, revolutionary actions would be the only way to institute your proposed changes.
Daniel Kegley March 08, 2013 at 01:53 AM
I won't say you deserve a pay cut, not knowing how critical your work is to our defense, which is the LAST thing I would want cut. Even with waste, I would rather err on defense than study schools of fish or environmental crap compliance. Your president has chosen to make cuts that will hurt the nation for selfish political reasons, to be sure the perception is ANY cuts will do harm. His golf trips, like Hawaii & Florida since Christmas, costs millions. 25-30 outings per year (they stood at 100 early summer 2012, look it up). He won't even reduce his welfare cell phone program. What's that tell you? This admin is uneducated, immoral, and destructive, both economically and socially. We've been headed this way since Wilson; more so since LBJ. Social justice, e.g., the war on poverty, worked well, didn't it? These aren't even cuts, but a minuscule reduction in the INCREASE of spending. Not cuts. More worrisome is that you don't "deserve" a job. Outside of gov't, the world operates on logic and science, not rules and definitions by unnamed, faceless bureaucrats whose job is to make up more rules. If you are worth it to an employer, or self employed with a product people want, your work is valued, by someone somewhere. A smart employer will pay you adequately if you produce. People taught to be victims complain, others search out employers who understand value. You're free to try anywhere, but certainly are not "entitled" to a job, or a pay rate; that's the progressive paradigm.
Katie March 09, 2013 at 05:07 PM
My opinion is that if you served active duty fighting you should get Cadillac health care benefits for life and a reasonable pension. NOT the government bureaucrats. Obama’s health care takeover is for the masses, but not for Washington – they keep their Cadillacs. THANK YOU Retired Army Veteran for your service to this country to keep all of us safe. God Bless you!

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