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Discussion in 'Economy' started by DamnYankee, Apr 14, 2009.

  1. DamnYankee
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    DamnYankee No Neg Policy

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    ....appear to be contradictory.

    Obama: 'Sharp decline' may be slowing
    In a speech at Georgetown University, the president aims to juggle his glass-half-full take with a determination to not be stamped as naive or overly rosy. (Full story)

    Video: Is economy on the mend?

    Retail sales tumble in March
    Motor vehicle and electronics purchases decline as unemployment takes a toll. (Full story)

    Employers put squeeze on workers
    More employers are using the recession as an excuse to trim benefits, force unpaid time off or fire workers. (Full story)

    So, if the sharp decline may be slowing, according to Obama, and the economy is on the mend, what's up with the tumbling retail sales and the employer squeeze?
     
  2. Truthmatters
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    Truthmatters BANNED

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    maybe you dont understand the words "decline is slowing"
     
  3. WillowTree
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    WillowTree Diamond Member

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    It's just another campaign speech.. I notice one difference so far.. Cap and trade tax has now become a "gradual cap and trade" :lol::lol::lol::lol::lol::lol:
     
  4. stekim
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    stekim Just Plain Awesome

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    Ahhh, when someone says, "the decline is slowing" that means it is still declining.
     
  5. sealybobo
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    sealybobo Diamond Member

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    Its slowing. It hasn't stopped. And companies, just like other countries, are going to test Obama. They'll see how far they can go.

    Oil companies will try to gouge us this summer.

    Companies will continue sending jobs overseas.

    Just look how the new governmetn found out that UBS was helping thousands of the richest Americans dodge paying their fair share of taxes.

    Look at how Lehman Brothers and all the bankers who failed were the ones who found all the tax breaks for companies that were going overseas.

    And they ended up being the companies that all went out of business? Are you buying that?

    They had 6 years where Corporations were allowed to rape the treasury, and you mean to tell me that right in the very last days, the economy collapsed and they ran out of money?

    OMG!! When I think about it, it makes me crazy, because it is so obvious what they did.

    But what can we do now but pay them whatever they demand.

    The only thing we can hope for is that the Democrats undo all the crap the GOP did the last 8 years, so this mess never happens again.
     
  6. user_name_guest
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    user_name_guest Member

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    Funny how people tend to leave out Fannie and Freddie Mac. I wonder why? hint hint.
     
  7. Xenophon
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    Xenophon Gone and forgotten

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    When it's over let us know.
     
  8. PoliticalChic
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    PoliticalChic Diamond Member

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    It appears President Obama is painting himself into a corner.

    If the decline is slowing, does that imply that the economy is coming around?

    And if it does mean that, doesn't it seem to imply that those of us who oppose the huge stimulus are correct: the best way to fight a recession is to let it run its course, as the funds of the administration stimulus have not entered the economy?

    So, which is it- economy getting better, or we need stimulus?
     
  9. ABikerSailor
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    ABikerSailor Platinum Member

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    Well........considering that Bush Jr. and Cheney left the Iraq war OFF THE BUDGET, is it any wonder the economy is in such crappy shape?

    I'm surprised it happened this fast.
     
  10. stekim
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    stekim Just Plain Awesome

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    Why are people having so much trouble with the English language? It has to be on purpose because his comment was not cryptic in the least. It was perfectly clear. :confused:
     

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