“The macroeconomic data suggests that the worst is over,” said Quincy Krosby, chief investment strategist at the Hartford. “There’s been a healing process in the banking sector.”

How nice….but sorry sir, most of us live in a microeconomic world.”The job market is bad, but not as bad as expected, and headed in the right direction. Monthly job losses averaged 700,000 in the first quarter and appear on track to lose [an average of] 500,000 in the second quarter,” said Mark Zandi, the chief economist for forecaster Moody’s Economy.com. “There will be another 2.5 million in job losses, and unemployment will peak at 10 percent by this time next year.”

Maybe if you are the manager of a hedge fund there is good news, but most of us working stiffs do not see the end anytime soon.

The long-term jobless now are more than 27 percent of all the unemployed, the highest ever since records began in 1948

But the good news is that we did not lose as many jobs as had been thought……(thinking)……try convincing the 500,000+ that lost their jobs last month…bet you will not find too many that are optimstic.

And then there are the foreclosures.

Home values in the United States extended their fall in the first quarter, with more than one in five homeowners now owing more on their mortgages than their homes are worth, real estate website Zillow.com said on Wednesday.

U.S. home values posted a year-over-year decline of 14.2 percent to a Zillow Home Value Index of $182,378, resulting in a total 21.8 percent drop since the market peaked in 2006, according to Zillow’s first-quarter Real Estate Market Reports, which encompass 161 metropolitan areas and cover the value changes in all homes, not just homes that have recently sold.

No matter how one slices the info…..workers and working families are not fine and things are not getting better.

Please…someone show the working class the silver lining…….