Recovery is an Attitude.

Discussion in 'Economy' started by Neubarth, Sep 7, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Believe it or not, the key to any US recovery is the attitude of the populace. We are seventy percent a Service Sector Economy. A SSE requires people to spend to help create employment. People spend when they feel secure in their employment position. If Obama's policies make enough people feel safe we will have recovery.

    Remember manufacturing is less than twenty percent of our economy. It plays a minor part in our recovery. SSE jobs are the Biggie.
     
  2. loosecannon
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    loosecannon Senior Member

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    attitude can't compensate for insolvency.

    The #1 reason for the recession is that America is over her credit limit at every level from the personal to the county, state, feds etc. Then there are the entitlements...

    If inflation doesn't rescue us from our debt we will be trapped by it for at least a decade. Maybe 3. Maybe until we earn wages on par with the Chinese.

    Remember the term "lost generation".
     
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  3. Bern80
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    Bern80 Gold Member

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    And nothing will change until all the people playing the blame game take a hard objective look at themseves first. It isn't government's job to save you.
     
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  4. uscitizen
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    uscitizen Senior Member

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    True, however we as a nation have not learned anything from all of this yet.
     
  5. Mr. H.
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    Mr. H. Diamond Member

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    It's a crisis of self-confidence on all fronts: social, economic, political.
    Pride and self-worth should be independent of outside influences.
     
  6. uscitizen
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    uscitizen Senior Member

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    In America??
    We are well programmed to have our sense of self worth depend on possesions.
    It is an essiential part of establishing a consumer driven society.
     
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  7. AquaAthena
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    AquaAthena INTJ/ INFJ

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    Oh I think we have. We have learned that if we inherit a weak economy, due to both parties, that spending and taxing even more, is not the way out, only deeper into. :eusa_whistle:
     
  8. uscitizen
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    uscitizen Senior Member

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    and yet we keep trying more of the same. All I hear from the opposition to the current administration are vague squeals of tax cuts and such.

    the ones that do have a glimmering of what needs to be done have no balls for the job.
     
  9. JiggsCasey
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    JiggsCasey VIP Member

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    there is no recovery without growth... there is no growth without the guarantee of abundant, cheap energy.

    Has little to do with "attitude." If the natural resources aren't there, our great ponzi scheme can not grow.

    "Energy is the ability to do work. Money only represents that ability." - M.C. Ruppert.
     
  10. lizzie
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    lizzie Zen Warrior Supporting Member

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    The problem with Obama's policies is not whether or not people feel safe. The problem is that his policies inhibit growth of the private sector, because people with money to invest inherently don't trust him not to regulate and tax them to death. He likes the money generated by capitalism, but he wants to control things like a statist.

    Manufacturing needs to be much more of our economy. We consume much, and produce little. This lack of balance is one of the primary problems we face.
     

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