Where is the US economy headed?

@Cycloptichorn,

Cycloptichorn wrote:

Polling has shown Obama's approval levels, and public support of his plans, to remain essentially the same since the election. Cycloptichorn

Thats because he promises them more money and stuff. They don't realize yet that in the long run it will run the country into the ground.

1 Reply

@okie,

okie wrote:

Cycloptichorn wrote:
Polling has shown Obama's approval levels, and public support of his plans, to remain essentially the same since the election. Cycloptichorn

Thats because he promises them more money and stuff. They don't realize yet that in the long run it will run the country into the ground.

If only they would listen to geniuses such as yourself, eh Okie?

When are you going to realize that your ideas and plans for how things should be done have been discredited by the recent Bush administration and Republican Congress, and have been rejected by the nation?

I'd like to hear you say that out loud: that your ideas have been rejected by the voters. It would help you begin the process of admitting that it is you and your party who are responsible for your failures.

Cycloptichorn

2 Replies

Wasn't this supposed to be an informative thread about the economy? Who let this boot-licking republican partisan douche bag in here? I thought the time for listening to complete idiots tell us how things are was over.

1 Reply

@Cycloptichorn,

He'll never admit that! It's like religion to him; admitting he is wrong is like giving up his soul.

0 Replies

@Cycloptichorn,

Cycloptichorn wrote:

If only they would listen to geniuses such as yourself, eh Okie?
Cycloptichorn

It doesn't take a genius to figure out Obama and his philosophy and mindset. It comes down to one basic question. If you are a socialist, you love Obama. If you don't, you will vigorously oppose him. Pretty simple. Thats your choice, but at least be honest about what you are doing, you should have at least the honor of doing that. Do you?

1 Reply

@okie,

okie wrote:

If you are a socialist, you love Obama. If you don't, you will vigorously oppose him. Pretty simple.

Oh, sure.

If you're living in a black-and-white world, everything is pretty simple.

1 Reply

@old europe,

okie sees everything in black and white; and he's the ultimate guru on politics and economics. He sees things most people can't see, because he has a special gift to evaluate everything with great skill and aforethought. He can even tell us who is guilty of crimes, and who are innocent of any crime based on his interpretation of the events that unfolds before us. It's a skill that is inborn, and it cannot be learned by reading books or by going to school.

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@kickycan,

kickycan wrote:

Wasn't this supposed to be an informative thread about the economy?

Monthly Layoffs at America's 500 Largest Public Coorporations:

February, 2009: 123,604 (preliminary)
January, 2009: 163,662
December, 2008: 108,123
November,2008: 91,250

Forbes.com

3 Replies

@realjohnboy,

This story, from Reuters today, kind of hit me out of the blue:
CALIFORNIA DECLARES DROUGHT EMERGENCY
Could one of yall link or post that report or a similar one? I don't know how. Thank you.

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@realjohnboy,

re. LAYOFFS (similar in canada - not YET quite as bad)

old canadian joke from the dirty thirties -
canadian prime minister answering question about increased unemployment :
the P.M. : "people wanted more vacation - the increased unemployment will give them the vacation they have been looking for ! "
much applause .

the answer is attributed to canadian P.M. bennet - who also gave canadians the "bennet buggy" - and environmentally friendly vehicle .

http://www.treehugger.com/bennett-buggy-1.jpg

0 Replies

@realjohnboy,

rjb, That also confirms the fact that it's the small businesses that hire most Americans workers. They jobs lost in December was 600,000.

1 Reply

@okie,

Quote:

As it is, Obama is a disaster, for one big reason, people know he is a socialist or Marxist at heart, and so why invest, why work, etc.?

Sure okie.. And can you find me any news stories on this mass refusal to work by people?

I see a lot of stories about people laid off but no stories about people quitting.

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@realjohnboy,

rbj : "california water shortage "

full report :

http://www.msnbc.msn.com/id/29433780/

from the report :

Quote:

MSNBC.com

California declares drought emergency
California farms also face cutoff of federal water starting Sunday
The Associated Press
updated 4:40 p.m. ET, Fri., Feb. 27, 2009
SACRAMENTO, Calif. - California Gov. Arnold Schwarzenegger on Friday declared a state emergency due to drought, requested broad conservation measures and said farm losses in the coming season could top $2 billion.

Total economic losses in 2009 could be nearly $3 billion, the governor said.

2 Replies

@realjohnboy,

The water board is asking us to cut back 20% of our water usage.

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@cicerone imposter,

c.i. :

what are you using WATER for ? don't you have enough wine for gargling ?

btw. state of california (with arnold and maria as spokespeople) keep running ads asking us to visit california - "when can you start ? " , is the punchline by arnie .
aren't you afraid we'll be using all your precious water ?
hbg

0 Replies

@hamburger,

Thanks, Hbg, for the article from MSNBC. It is better than the Reuters one.

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@parados,

Under most circumstances I would agree with you,but I cant at the moment.

Since Obama took office,he has pushed thru a 1 trillion $ stimulus package, and he has proposed an almost 3 trillion $ budget.
If he had not gotten the stimulus package thru,then you could blame the current recession on Bush.
But, once the stimulus plan passed, the budget and the economy became Obama's baby.
Anything that happens to the economy from then on is Obama's doing.
And since even Obama admits that the deficit will go UP under his plan, I gotta ask...Why arent the people that complained (rightfully so) about the Bush deficit now complaining about what Obama is going to do to the deficit?

2 Replies

@cicerone imposter,

I found these numbers, which I can source if asked, re overall job losses:
November, 2008: 533,000
December, 2008: 524,000
January, 2009: 598,000

1 Reply

@mysteryman,

Quote:

Under most circumstances I would agree with you,but I cant at the moment.

Since Obama took office,he has pushed thru a 1 trillion $ stimulus package, and he has proposed an almost 3 trillion $ budget.
If he had not gotten the stimulus package thru,then you could blame the current recession on Bush.
But, once the stimulus plan passed, the budget and the economy became Obama's baby.
Anything that happens to the economy from then on is Obama's doing.
And since even Obama admits that the deficit will go UP under his plan, I gotta ask...Why arent the people that complained (rightfully so) about the Bush deficit now complaining about what Obama is going to do to the deficit?

you over complicate the situation...the recession/depression is caused by a lack of confidence in the economic system. To the extend that it continues because the lack of confidence continues Obama is fully responsible now. Lack of confidence in Bush no longer is causing this psychological problem to manifest its way through the economy, he is just another citizen now.

1 Reply

@hawkeye10,

Confidence is part of it, but it's more based on the huge numbers who are losing their jobs and homes. Job loss translates into less spending which makes up over 70% of our economy. With this insecurity for most workers, they are not spending as they used to before this crisis hit. That's where the confidence issue kicks in.

0 Replies

Where is the US economy headed?

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