Economy estimated to grow 3% in 2010

Discussion in 'Economy' started by topspin, Jul 7, 2010.

  1. topspin
    Offline

    topspin BANNED

    Joined:
    Apr 29, 2010
    Messages:
    4,149
    Thanks Received:
    196
    Trophy Points:
    0
    Ratings:
    +196
  2. rdean
    Online

    rdean Guest

    Ratings:
    +0
    And when Bush left office, it was shrinking by 6%.
     
  3. driveby
    Offline

    driveby Gold Member

    Joined:
    Sep 6, 2008
    Messages:
    8,848
    Thanks Received:
    2,308
    Trophy Points:
    183
    Ratings:
    +2,344
    puff puff give .....
     
    • Thank You! Thank You! x 1
  4. Zander
    Offline

    Zander Platinum Member

    Joined:
    Sep 10, 2009
    Messages:
    19,888
    Thanks Received:
    7,060
    Trophy Points:
    390
    Location:
    Los Angeles CA
    Ratings:
    +16,813
    We can hope for it, but I am not optimistic. There is too much fear and uncertainty amongst bussinessmen and investors. I expect we'll tread water for a while before we head downward. The largest tax increase in history hits in January......
    good luck!
     
    • Thank You! Thank You! x 1
    Last edited: Jul 13, 2010
  5. Jeremy
    Offline

    Jeremy TRANSFER!!!

    Joined:
    Jun 11, 2010
    Messages:
    7,777
    Thanks Received:
    1,187
    Trophy Points:
    98
    Ratings:
    +1,191
  6. topspin
    Offline

    topspin BANNED

    Joined:
    Apr 29, 2010
    Messages:
    4,149
    Thanks Received:
    196
    Trophy Points:
    0
    Ratings:
    +196
    Intel stellar earnings. Alcoa earnings way up
     
  7. william the wie
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    9,579
    Thanks Received:
    954
    Trophy Points:
    245
    Ratings:
    +3,174
    Laffer and other economists are claiming that those taxes are shifting future income (growth) into this year, you disagree. I think you may be right but I was wondering what facts brought you to that conclusion?
     
  8. Mad Scientist
    Offline

    Mad Scientist Feels Good!

    Joined:
    Sep 15, 2008
    Messages:
    24,196
    Thanks Received:
    5,260
    Trophy Points:
    270
    Ratings:
    +8,156
  9. Zander
    Offline

    Zander Platinum Member

    Joined:
    Sep 10, 2009
    Messages:
    19,888
    Thanks Received:
    7,060
    Trophy Points:
    390
    Location:
    Los Angeles CA
    Ratings:
    +16,813

    check this article out - he explains my feeling almost perfectly....it's about a 10 minute read, but well worth it. Recession, Deflation and Deficits - John Mauldin's Outside the Box - InvestorsInsight.com | Financial Intelligence, Advice & Research / Investment Strategies & Planning for Individual Investors.
     
  10. topspin
    Offline

    topspin BANNED

    Joined:
    Apr 29, 2010
    Messages:
    4,149
    Thanks Received:
    196
    Trophy Points:
    0
    Ratings:
    +196
    to a simpleton like you it might, I read so I know the party in power loses seats almost all the time. It will keep it from being a total collapse.
     

Share This Page