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Old 12-28-2011, 11:26 PM
 
Location: The City
22,378 posts, read 38,892,470 times
Reputation: 7976

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Quote:
Originally Posted by knowledgeiskey View Post
Kidphilly, read the first comment to this article.

Washington DC bubble? - BusinessWeek

from 2005 thanks

Have you read any more recent litature????????????


Even the DC growth council expects Fed cuts and housing price impacts as recently as December and November of 20111 not 20005

 
Old 12-28-2011, 11:29 PM
 
Location: Washington D.C.
13,727 posts, read 15,739,400 times
Reputation: 4081
Quote:
Originally Posted by kidphilly View Post
from 2005 thanks

Have you read any more recent litature????????????


Even the DC growth council expects Fed cuts and housing price impacts as recently as December and November of 20111 not 20005
Prediction......Waiting.....Jeopardy Music
 
Old 12-28-2011, 11:29 PM
 
Location: The City
22,378 posts, read 38,892,470 times
Reputation: 7976
Quote:
Originally Posted by MDAllstar View Post
I actually agree with many other economists that the private sector will largely offset government cuts in D.C. You keep referring to the 1980's. Washington D.C. couldn't be further from were it was in the 1980's now in 2011. This is not a government town anymore. That distinction leaves more and more every year. I think D.C. makes you nervous because you really don't know yourself. If you did, you would have already made a prediction.

DC is still nearly 50% employed ny govt or govt contracts


I MADE my prediction read back and stand by it
 
Old 12-28-2011, 11:33 PM
 
Location: Washington D.C.
13,727 posts, read 15,739,400 times
Reputation: 4081
Quote:
Originally Posted by kidphilly View Post
DC is still nearly 50% employed ny govt or govt contracts


I MADE my prediction read back and stand by it
So you think D.C. will have 8%-11% unemployment in December 2013 - June 2014 Kidphilly? That's a pretty large window you are giving yourself. What about housing prices?
 
Old 12-28-2011, 11:42 PM
 
Location: The City
22,378 posts, read 38,892,470 times
Reputation: 7976
Quote:
Originally Posted by MDAllstar View Post
So you think D.C. will have 8%-11% unemployment. That's a pretty large window you are giving yourself. What about housing prices?

Housing prices are already pressured in DC I know many folks sitting on property in Fairfax and Loudon debating short sake or stay


It will follow the economy and unemployment unfortunately

Any DC area employee who recieved a pay raise of more than 2% over the last two years without grade oncrease has lived in a bubbble relative to the remainder of the US

Govt employees out increased the private sector by nearly 3 to 1 sinc 2008 Govt contracters by nearly 4 to 1 DC IS an insulated bubble Why do you feel so safe even if I am 50% correct half the sh$t storm faced by the rest (98.5% of the us AND YES YOU SEEM SOMEHOW EMPOWERED BY TAXPAYER DOLLARS) is a come to jesus for DC MD I really am not a nay sayer but you really havent seen reality

Govt is FAR to large and contractors are FAR to rampant Franly I am sick an tired of accumulating deficit and debt (BTW you owe 44K as of today) to government GROSS overspend and the DC economy is fuled by this DO you really not see this???????? Can you see a HUGE pink elephant in your living room????????
 
Old 12-28-2011, 11:46 PM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,482,823 times
Reputation: 21229
Quote:
Originally Posted by kidphilly View Post
DC is still nearly 50% employed ny govt or govt contracts


I MADE my prediction read back and stand by it
Yeah, they are in for a world of hurt.
Supercommittee Could Have Impact on Local Economy - Reston, VA Patch
 
Old 12-28-2011, 11:49 PM
 
6,940 posts, read 9,675,716 times
Reputation: 3153
Quote:
Originally Posted by 18Montclair View Post

The supercommittee is done.

 
Old 12-28-2011, 11:50 PM
 
Location: Washington D.C.
13,727 posts, read 15,739,400 times
Reputation: 4081
Quote:
Originally Posted by kidphilly View Post
Housing prices are already pressured in DC I know many folks sitting on property in Fairfax and Loudon debating short sake or stay


It will follow the economy and unemployment unfortunately

Any DC area employee who recieved a pay raise of more than 2% over the last two years without grade oncrease has lived in a bubbble relative to the remainder of the US

Govt employees out increased the private sector by nearly 3 to 1 sinc 2008 Govt contracters by nearly 4 to 1 DC IS an insulated bubble Why do you feel so safe even if I am 50% correct half the sh$t storm faced by the rest (98.5% of the us AND YES YOU SEEM SOMEHOW EMPOWERED BY TAXPAYER DOLLARS) is a come to jesus for DC MD I really am not a nay sayer but you really havent seen reality

Govt is FAR to large and contractors are FAR to rampant Franly I am sick an tired of accumulating deficit and debt (BTW you owe 44K as of today) to government GROSS overspend and the DC economy is fuled by this DO you really not see this???????? Can you see a HUGE pink elephant in your living room????????
We will see! I will refer to this thread in December of 2012, 2013, 2014, and 2015 for updates. I will call you out by name. You will get your own special thread. That is one promise that IS NOT SPECULATION! Good day sir!
 
Old 12-28-2011, 11:52 PM
 
Location: Washington D.C.
13,727 posts, read 15,739,400 times
Reputation: 4081
Quote:
Originally Posted by knowledgeiskey View Post
the supercommittee is done.

lol............................................... ...................................
 
Old 12-28-2011, 11:52 PM
 
Location: The City
22,378 posts, read 38,892,470 times
Reputation: 7976
Quote:
Originally Posted by MDAllstar View Post
We will see! I will refer to this thread in December of 2012, 2013, 2014, and 2015 for updates. I will call you out by name. You will get your own special thread. That is one promise that IS NOT SPECULATION! Good day sir!

Look forward to it and hope your post is while still employed
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