Tax Time Already

It seems like only last week it was January 1st. A new month, a new year, and here it is, a fourth of the year has past, spring has sprung and tastes of summer have happened in Ft Lauderdale. Where has the time gone and what has happened.
Foremost, it seems the economy has started to revive, though slowly. House sales are increasing, but at lower prices than in the past. But if a house was vastly over-valued and the price is readjusting to a normal range, is that bad? People caught up in the buy/flip/sell process have been caught, but then whose fault is it? It is hard to feel sorry for people that tried to get rich and were greedy. If something seems too good to be true, then it usually is.
The stock market is slowly coming back. Wells Fargo reported better than expect results this past week which spurred a rally on Wall Street. Now if it can only continue. Lack luster results has the Dow about even for the day. Stagnating is better than falling.
The auto industry is still suffering. GM and Chrysler may not make it in their present forms. Both are having a hard time restructuring their debt and wages issues. Ford is holding on and doesn't want any aid. Let's hope the demand increases.
The true recovery of the economy will start with the common people. When the average American feels comfortable, they will go out and start treating themselves to dinner, buy a car, renovate, or maybe buy a new house. It will take a few good economic reports to spur spending.
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