I just read this in the local newspaper - Productivity growth up again - the productivity growth rose 2.2 percent again this quarter - down from an increase of 3.2 last quarter, but still good news for the economy - this mean good news, also, for the living standards of millions of workers at all levels of employment. Unit labor costs also continued to drop to an increase of 1.3 percent in the second quarter. This means inflation is under control.

In a previous post, I mentioned that the budget deficit is down and the trade deficit is down even though oil prices are driving up the over all dollar amount - exports are up and increasing and the dollar is looking much stronger as well.

Did you ever wonder why this kind of news never gets into the paper as a head line? Isn't this what we all want to happen so we can have more confidence to spend more and drive the economy further down the road to success? Wouldn't it be grand to be able to read the newspaper with a sense of confidence, assured that what you are reading is the truth.

I don't see this happening in my life time.