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Is the economy better?

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Old 10-13-2009, 09:34 PM   #1
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Default Is the economy better?

One year has passed. Is the economy better? How long will we walk out of the recession? Any opinion is appreciated.
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Old 10-13-2009, 10:50 PM   #2
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SOme "experts" are saying that we are "officially" out of the recession based on technical data, but we I think another cliff is around the corner that we will fall off of, before a real recovery is seen, and more importantly FELT by most people.
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Old 10-13-2009, 10:55 PM   #3
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A classic jobless recovery. Just hoping not a double dip in a few quarters.
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Old 10-13-2009, 11:26 PM   #4
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When I start showing an increase in my sales numbers then the recession will be over for me.
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Old 10-14-2009, 12:56 AM   #5
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No, its not getting any better. Citities, states, citizens, etc are getting into more debt. The economy is more global than it has ever been. Thus we might be forced to get used to high unemployment as many of the loss jobs won't come back.
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Old 10-14-2009, 06:51 AM   #6
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It has to be better, our new President said it would "change".
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Old 10-15-2009, 09:00 AM   #7
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Originally Posted by Cygnus View Post
No, its not getting any better. Citities, states, citizens, etc are getting into more debt. The economy is more global than it has ever been. Thus we might be forced to get used to high unemployment as many of the loss jobs won't come back.
It has gotten a lot better for some.
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Old 10-15-2009, 10:20 AM   #8
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It has gotten a lot better for some.
If me read the article correctly,those wages were paid before they joined Obama's group of "advisors". Most certainly they took a pay cut as a government employee.
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Old 10-15-2009, 10:26 AM   #9
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Well the people without job's would say no and with the dollar continuing to lose ground inflation can't be far behind.
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Old 10-15-2009, 10:33 AM   #10
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If me read the article correctly,those wages were paid before they joined Obama's group of "advisors". Most certainly they took a pay cut as a government employee.
That is true. They may have taken a pay cut but total compensation will greatly increase. You are astute enough that I'm sure I don't have to tell you how things work in the DC political class.
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Old 10-15-2009, 11:23 AM   #11
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It has also gotten better for walls treet and many in the finance/banking industry...thx to the bail outs. Meanwhile, foreclosures are up for main street: worse three months ever

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It has gotten a lot better for some.
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Old 10-15-2009, 12:48 PM   #12
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It has also gotten better for walls treet and many in the finance/banking industry...thx to the bail outs. Meanwhile, foreclosures are up for main street: worse three months ever
The housing market is very troubling. Thank goodness we have elected geniuses to fix the easy credit bubble with more easy credit.
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Old 10-15-2009, 03:56 PM   #13
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So are you saying that mccain/palin would have done a better job?

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The housing market is very troubling. Thank goodness we have elected geniuses to fix the easy credit bubble with more easy credit.
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Old 10-15-2009, 04:06 PM   #14
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So are you saying that mccain/palin would have done a better job?
Of course they would of. We would have tax cuts which is proven to create jobs. And they aren't socialists! Good enough for you?
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Old 10-15-2009, 04:22 PM   #15
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Hey guys, just be glad we passed the Stimulus bill otherwise unemployment might have gone higher than 8%.

http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf
See page 4.

Thank goodness that didn't happen....
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