Durable US recovery at hand

Discussion in 'Economy' started by Truthmatters, Apr 23, 2012.

  1. Truthmatters
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    Last edited: Apr 23, 2012
  2. TakeAStepBack
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    lol
     
  3. Truthmatters
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    bloomberg is not biased
     
  4. Moonglow
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    Moonglow Diamond Member

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    I am very happy at the increase of business I have gotten the last 2 years.
     
  5. Truthmatters
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    Its something all people who love this country should be celebrating.

    How I wish they were all so honest
     
  6. TakeAStepBack
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    And predicting the future is bullshit. Everyday I hear a different claim from one modern economist or another. The funniest part about this one, is that the growth is a direct result of the SAME PROBLEM THAT LED TO THE 2008 COLLAPSE. An expansion of credit through artificially low interest rates that will again, lead to malinvesment and yet again, another bubble and burst. Beyond that, the federal government is almost completely insolvent without a rope. Treasury issuance was bought primarily by the fed last year and is on pace to do even more of it this year while the federal govt. spends us into a black hole of debt that is virtually unsolvable.

    Here are some tall signs of why this is hardly worth getting excited about.

    That's where I stopped reading this opinion piece.
     
  7. Truthmatters
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    this is bloomberg , they are not lying about the facts
     
  8. TakeAStepBack
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    Those aren't facts, they are opinions. There is a really huge difference between fact and opinion.
     
  9. Zoom-boing
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    Things are getting better? Where? Can you send some of it my way cause it sure hasn't improved much here. TIA.
     
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  10. Moonglow
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    I work in the housing construction industry, the pace here is good and has been since 2010. yeah the pay is not as good as it should be 20 bucks an hour, should be 30, but I am self employed so I work faster to earn more per hour.
    I was in the industry during the 80's and 90's. It took 5 years then to begin working at a good pace.
    You can be a negative Nelly all you want but there are many jobs in the paper and craigslist. If your not working it's cause you don't want to.
    I have diversified to where I do more than one trade also.
     
    Last edited: Apr 23, 2012

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