Thursday, January 3, 2013

It’s getting hard to be someone

Our continuing series excerpts from PIMCO--

PIMCO | Investment Outlook - Strawberry Fields – Forever?: "“It’s getting hard to be someone but it all works out.” Why is it so hard to be someone these days, to pay for college, get a good-paying job and retire comfortably? That really was the economic question of the 2012 election towards which very few specifics were applied from either side. “There’s a better life out there for us,” Governor Romney bellowed to a crowd of thousands in Des Moines, Iowa just days before the election, but in truth he never told us how we were going to achieve it or, importantly, why we weren’t realizing it in the first place. The president’s political mantra of “Forward” was even more vague. . . . "

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