Speed of the Recovery

Discussion in 'Politics' started by Mac1958, Oct 27, 2012.

  1. Mac1958
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    Mac1958 Platinum Member

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    .

    Here's an excellent, fair piece that discusses the nature of the meltdown and how economic experts can't say for sure how quickly we should be expected to recover from it. I put economic experts in bold, as opposed to political pundits, talk show hosts and partisan politicians:

    Judging recovery time from the Great Recession - Capitol Report - MarketWatch

    No one can say for sure that they understand the entire breadth, depth and complexity of this disaster, nor can they say how quickly and how well we "should" recover. Especially on a radio talk show or internet message board.

    But by all means, don't let that slow down the partisan bullshit.

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  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Continued troubles in the eurozone have weighed on global economic growth...
    :confused:
    IMF: Global economic recovery 'weakening'
    23 January 2013 - The International Monetary Fund (IMF) has warned again of a weakening global economic recovery despite government efforts to stimulate growth.
     
  3. LoneLaugher
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    LoneLaugher Diamond Member

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    I can report as follows.

    My sales thru January 23, 2013 are 20% higher than my January 2012 sales.

    My sales to truss companies and roofing companies are up even more.

    Housing......and in particular multi-family housing.....is rebounding in the State of Florida.

    The economy is improving. Period.
     
  4. OKTexas
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    OKTexas New Life Member of the NRA 12/15 Supporting Member

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    Why do we keep giving the opinions of these "experts" so much wight? Economist are wrong way more often than right, and in most cases are just as surprised when things happen as we are. Hell the local weather guy gets it right allot more than these guys, ya ever think we might all be better off if they just STFU and let the economy do its thing.
     

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