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Old 08-09-2011, 06:21 PM
 
Location: The Twilight Zone
773 posts, read 501,694 times
Reputation: 363

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So with almost FIVE years of 2/3 or 3/3 democrat control of the federal government, why is the economy in such rough shape?

Why isn't the unemployment rate getting better?

Why is the housing market still in the tank?

Why are most economists now saying another recession is unavoidable?

Why does it seems things went downhill after the democrats won majority control of the federal government with the 2006 elections?

How long are we going to keep printing extra money?

How long before we get back to a "normal" economy?

Given the results of the last 5 years, what will the next 5 years look like? Seriously, what can we expect with the economy?
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Old 08-09-2011, 06:36 PM
 
25,024 posts, read 27,834,806 times
Reputation: 11790
The Fed caused all the economic mess. This wasn't Democrats or Republicans, it's the Fed
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Old 08-09-2011, 06:51 PM
 
Location: The Twilight Zone
773 posts, read 501,694 times
Reputation: 363
Quote:
Originally Posted by theunbrainwashed View Post
The Fed caused all the economic mess. This wasn't Democrats or Republicans, it's the Fed
IF that is the case and considering the bonehead move Uncle Ben made today, what does the next 5 years hold in store for the U.S.?
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Old 08-09-2011, 08:32 PM
 
25,024 posts, read 27,834,806 times
Reputation: 11790
Quote:
Originally Posted by Heritage Member View Post
IF that is the case and considering the bonehead move Uncle Ben made today, what does the next 5 years hold in store for the U.S.?
If history is any indication, two things will happen. Either the Fed is going to inflate the next bubble with low interest rates like what happened after the dot-com bubble bursting, or we follow the same route Japan did and have a lost decade like them, where high unemployment is the norm.
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Old 08-10-2011, 04:35 AM
 
Location: The Twilight Zone
773 posts, read 501,694 times
Reputation: 363
Quote:
Originally Posted by theunbrainwashed View Post
If history is any indication, two things will happen. Either the Fed is going to inflate the next bubble with low interest rates like what happened after the dot-com bubble bursting, or we follow the same route Japan did and have a lost decade like them, where high unemployment is the norm.
I am thinking the plan is the lost decade.
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