U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Great Debates
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-03-2009, 12:56 PM
 
Location: Tampa
3,981 posts, read 9,251,552 times
Reputation: 1164

Advertisements

Over the next 5 years?

10?

20?


Think things are getting better or worse?

Will be be a nation flourishing with high paying green jobs, or will we all be working for McDonalds and Wal-Mart?
Reply With Quote Quick reply to this message

 
Old 06-03-2009, 02:18 PM
 
1,047 posts, read 2,047,396 times
Reputation: 412
Things generally trend upward, and I think they will soon.
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 02:45 PM
ECG
 
Location: In the minds of others
42,606 posts, read 2,467,791 times
Reputation: 10406
I think things will get worse as the years go by!!
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 02:52 PM
 
Location: South Carolina
13,144 posts, read 17,693,860 times
Reputation: 22556
Obama better hope they get better or he will not be re-elected and we will have a new president to deal with . I hope they get better soon too cause I have seen alot of people loose their homes and have to move back with mom and dad or whoever so that they are not out on the streets . I feel sorry for the people who are having to live in tents because they have no job and cannot afford to pay a rent or food or anything .
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 03:09 PM
 
Location: 125 Years Too Late...
10,401 posts, read 10,013,203 times
Reputation: 9150
I think, in the long run, down the tubes. I do see, perhaps, a bit of resurgence for a time as Obama Inc, or whoever is next, keeps applying band-aids. The thing is, you can only put off the math for so long. The smoke and mirrors cannot change the numbers.
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 03:58 PM
 
Location: Sinking in the Great Salt Lake
12,919 posts, read 18,480,490 times
Reputation: 13756
Unless there are major changes in the way we live very soon, the American economy will only keep rotting with the rest of the country over the long haul. Once the oil runs out it will collapse for real. When that happens you will need to get your Mad Max gear on and get over your natural aversion to canabilism if you want to stay alive.

That is still several years away though, me thinks. Here's an analogy for what I see happening:

The ship has holes in it and the crew is bailing frantically, but they are not making any effort to seal the holes. Many of the holes are probably unrepairable without a drydock anyway. Eventually the crew will become exausted and overcome by the water and the ship will sink. But the passengers believe the crew can handle it, so they keep dancing and drinking the night away. The captain doesn't want a panic so he won't tell anyone the true seriousness of the situation, but he is a little bit drunk himself and still believes the crew can perpetually continue bailing.
Oh yea...and there are no lifeboats. It seems the company that owns the ship sold them to a Chinaman to pay for some extra crates of champagne before the ship left port....
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 04:22 PM
 
Location: 125 Years Too Late...
10,401 posts, read 10,013,203 times
Reputation: 9150
Quote:
Originally Posted by Chango View Post
Unless there are major changes in the way we live very soon, the American economy will only keep rotting with the rest of the country over the long haul. Once the oil runs out it will collapse for real. When that happens you will need to get your Mad Max gear on and get over your natural aversion to canabilism if you want to stay alive.

That is still several years away though, me thinks. Here's an analogy for what I see happening:

The ship has holes in it and the crew is bailing frantically, but they are not making any effort to seal the holes. Many of the holes are probably unrepairable without a drydock anyway. Eventually the crew will become exausted and overcome by the water and the ship will sink. But the passengers believe the crew can handle it, so they keep dancing and drinking the night away. The captain doesn't want a panic so he won't tell anyone the true seriousness of the situation, but he is a little bit drunk himself and still believes the crew can perpetually continue bailing.
Oh yea...and there are no lifeboats. It seems the company that owns the ship sold them to a Chinaman to pay for some extra crates of champagne before the ship left port....
Nice visuals there. I like it... well, I mean... I don't like it like that. I mean I like your analogy, not its implication.
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 08:26 PM
 
3,707 posts, read 3,035,415 times
Reputation: 10040
I've been reading a really great blog, The Automatic Earth, it's written in such a way that the reader can follow the events of the day and actually make sense of things going on. I agree with the majority of the posters who aren't too positive regarding the economic state of affairs in the US and some foreign nations.

I know the mainstream media is very upbeat about the future of our economy, but, if you care to read more in-depth articles on the subject you'll find the obvious truth, that is, the unsustainable situation we had going prior to this recession can never be revived.

I think that we as a country of consumers have to find a more do-able way to survive. The happy motoring public in the US has to come to grips with the reality of diminishing resources, and that would include credit, it is the biggest player in all of this.

We have sold our collective soul for those new cars and homes that we really can't afford. We have sold out our childrens future over what we percieved as a never ending circus of consumption.

The "bubble" was being talked about as early as 1998-1999 by some astute observers on the Street, those reports stemmed from the failure of the thin veneer of rating BS that was challenged by those who were really doing the math. The American model of monopoly capitalism has failed, period.

We now sit down in shock, just beginning to see the horrific complexity of these debt based investment products, it's like those old pyramid schemes of the 70's and 80's wherein everybody was hoping to pull some cash out of thin air. The criminal mind can be equally complex in it's ability to bambozzle the general public, making you think your house was worth astronomical figures was a way of co-opting the public into their collective silence, after all, who was complaining back then?

The damage is done, we will not just roll out more digitalized wealth to even the score, I for one hope we don't allow the criminals in this grand scheme get away, as the screws tighten, and they surely will, we'll see the future, one day at a time.......
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 08:53 PM
 
48,519 posts, read 81,147,477 times
Reputation: 17979
The basics are good but it wil be a long flat econmy for at least two years as I see it. It will take even longer for unemployment to improve and in some areas where the industrial base has been wiped out decades probably. Then personal situations will differ depending on now they are employed and their debt in a tightening credit market.Alot of things are going to change for many.It happens with evry recession that is deep but I do worry this one maybe worse with teh extreme in governamnt spendingthat would be recovered like the stimulus and auto bailouts that are not likely to be repaid anytime soon.
Reply With Quote Quick reply to this message
 
Old 06-03-2009, 10:04 PM
 
Location: Sinking in the Great Salt Lake
12,919 posts, read 18,480,490 times
Reputation: 13756
Quote:
Originally Posted by jertheber View Post

I think that we as a country of consumers have to find a more do-able way to survive. The happy motoring public in the US has to come to grips with the reality of diminishing resources, and that would include credit, it is the biggest player in all of this.

.......
You've been reading Howard Kunstler, haven't you

He's right about a lot of things but he's also a king wingnut and he swears too much. Kinda like me, I guess.

Anyways, you are absolutely right. Here's some reps....
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Great Debates
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top