Economy estimated to grow 3% in 2010

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

  1. topspin
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    topspin BANNED

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  2. rdean
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    rdean rddean

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    And when Bush left office, it was shrinking by 6%.
     
  3. driveby
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    driveby Gold Member

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    puff puff give .....
     
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  4. Zander
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    Zander Platinum Member

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    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!
     
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    Last edited: Jul 13, 2010
  5. Jeremy
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    Jeremy TRANSFER!!!

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  6. topspin
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    topspin BANNED

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    Intel stellar earnings. Alcoa earnings way up
     
  7. william the wie
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    william the wie Gold Member

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    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
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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  9. Zander
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    Zander Platinum Member

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    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
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    topspin BANNED

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    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.
     

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