Economy starting to fire on all cylinders. (wages, attorney, cost)
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Have you noticed that the infrastructure always is "crumbling" in news stories and presidential speeches -- if less regularly in the real world. To many Democrats, "crumbling" means we're not subsidizing smart grids and high-speed rail projects fast enough...
...free market nihilists always are daydreaming about bridges collapsing on innocent Americans -- if at all possible, poor and disabled Americans.
Have you noticed that the infrastructure always is "crumbling" in news stories and presidential speeches -- if less regularly in the real world. To many Democrats, "crumbling" means we're not subsidizing smart grids and high-speed rail projects fast enough...
...free market nihilists always are daydreaming about bridges collapsing on innocent Americans -- if at all possible, poor and disabled Americans.
Well, in this I agree with the Democrats--at least here in Maine. Our infrastructure is, indeed, crumbling. But why is that? It's because for the past 30 years money that should have been spent on upkeep of our raods and bridges was siphoned off to pay for the Dems' favorite social welfare programs. Now Maine is looking to Washington to bail us out. And my question is, Why should the tax dollars of states that have spent responsibly and maintained their infrastructure be used to bail out the spendthrifts in Maine? It's like being forced to pay the neighbors' mortgage because they used their mortgage money to go on a cruise.
One has to rememebr that the economy has to create 125'000 jobs a month just to comeout even when you consider the new people entering the workforce. The good part is that its not the number needed when bommers came into it.The net effect was a .1% increase in uemployment has calulated by the feds.If that was not teh case why is Obama how talkig about jobs being still the piority. Evryone knows by just lo0okiga round that its not getting better really.Obama's polices have spent bilions with no results and now the congress isn't i any mood to allow more spending. the defcit created has gotten too large to start over.
Well, in this I agree with the Democrats--at least here in Maine. Our infrastructure is, indeed, crumbling. But why is that? It's because for the past 30 years money that should have been spent on upkeep of our raods and bridges was siphoned off to pay for the Dems' favorite social welfare programs. Now Maine is looking to Washington to bail us out. And my question is, Why should the tax dollars of states that have spent responsibly and maintained their infrastructure be used to bail out the spendthrifts in Maine? It's like being forced to pay the neighbors' mortgage because they used their mortgage money to go on a cruise.
I agree. Social programs vs roads and bridges. I vote for the roads and bridges. Without them and infrastructure, all the "treats" at the trough of the government fail.
I agree. I don't see us sliding back into recession. But I think growth in GDP will remain anemic (between 1.5 and 2%) and that level of economic activity is not be enough to improve the jobs picture measurably. Just as Japan went through its lost decade in the 90's, the U.S. may be following in its footsteps. Retirees will take it in the shorts as their nestegg diminishes in value because interest rates will remain low indefinitely. Federal and state coffers will remain hollowed out as tax revenues decline, forcing some very painful cutting. The real estate market and housing construction will continue flounder. I expect a real and significant drop in the stock market as reality catches up with stock prices. In other words this is not your typical cyclical recession where the economy rebounds sharply after a precipitous decline. All that said, I hope I'm wrong.
There is a so so argument that we never left the resession to begin with. So what we didn't leave we can't slide back into. We are having a new bubble but this one is being really weak. I don't see economic growth in the furtue 2% isn't sustainable. it will be negative and may actualy be negative as we speek. The clamed unamployment rate and the amount of money being payed out for benifits have diverged signifacatly. We are being lied to as far as the health of the economy goes.
Perhaps a better thread title would be "Economy starting to fail on all cylinders"????
I made the coment up the thread a bit that the economy is firing on all the cylinders that haven't been sold to china as scrap or out sorced to India. We need to grow domestic prodution and you can't make that happen effectively with a planned economy. You need a free market economy to do that but with a tax structure and regulations that push growth where it needs to go. More like herding the economy along rather than trying to make it all happen exactly the way you want it too. Or pruning a tree to get the most fruit out of it rather than letting it grow any way it wants too. But too much pruning is worce than none at all.
The clamed unamployment rate and the amount of money being payed out for benifits have diverged signifacatly. We are being lied to as far as the health of the economy goes.
Can you clarify what you mean by that? The BLS numbers are about 14.9M unemployed and about 10M receiving benefits. Are you referring to the roughly 5M difference?
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