Another day, another survey of economists who do see stronger economic growth in the second half of 2011. This time, a survey by Bloomberg News finds the median forecast of 67 economists to be 3.2 percent growth for the last six months of the year. That tracks what Fed chairman Ben Bernanke said earlier in the week and Thursday's release of the Livington Survey.
As readers are quick to remind me whenever I write about such expectations, the man on the street can't pay his mortgage or rent now on the hope of future growth. It takes money from a job and job growth continues to be sluggish.