What's the first effect we feel from all this spending? (salaries, economy)
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.
With Democrats spending this much money in the depth of a recession, the **** is going to hit the fan sooner rather than later. What do you think the first effect will be that we actually feel? Inflation? More joblessness? Deflation? Higher interest rates?
Obviously job losses are already here, but prices haven't risen much yet.
With Democrats spending this much money in the depth of a recession, the **** is going to hit the fan sooner rather than later. What do you think the first effect will be that we actually feel? Inflation? More joblessness? Deflation? Higher interest rates?
Obviously job losses are already here, but prices haven't risen much yet.
The Domestic Agenda for this nation is dead for the forseeable future.
The national debt that we face now, and will face in the next decade, will not allow any room for big domestic agendas.
Liberals have yet to come to terms with this fact.
We current have asset deflation with commodity inflation.
Jobs are far and few inbetween and salaries are stagnant.
Debt has finally turned into the 4 letter word that it really is.
Sounds like 1934..doesn't it as people look towards the Federal government to "save them".
Jobs to get people through. A rising economy. A wise decision to not take the one entity capable of spending out of the market and an even wiser decision to postpone deficit reduction until the economy finishes recovering.
All in all, feeling pretty good about things. Nations don't function like people and their credit cards. Every nation deficit spent to get out of the recession. Why people think the U.S. is any different is perplexing to me.
With Democrats spending this much money in the depth of a recession, the **** is going to hit the fan sooner rather than later. What do you think the first effect will be that we actually feel? Inflation? More joblessness? Deflation? Higher interest rates?
Obviously job losses are already here, but prices haven't risen much yet.
Jobs to get people through. A rising economy. A wise decision to not take the one entity capable of spending out of the market and an even wiser decision to postpone deficit reduction until the economy finishes recovering.
All in all, feeling pretty good about things. Nations don't function like people and their credit cards. Every nation deficit spent to get out of the recession. Why people think the U.S. is any different is perplexing to me.
You do realize that there is still about $90 Trillion in toxic derivatives floating in the banks on Wall Street ?
Remember..those nasty derivatives that crumbled Lehman and Bear ?
Well..they haven't gone away..they are still cooking on the back burner.
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.
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.
