The economy is fucked. What is on the horizon?

[Liberty]

There is only one of two things that can happen to the US economy...

 

[Baruch Menachem]

Given our present leadership, we can do both!

 

[Truthmatters]

boy you really want to se our country fail huh

 

[Trajan]

I am a corporate jet owner so, I am just gonna fly above it all.....

 

[Baruch Menachem]

boy you really want to se our country fail huh

We most certainly do not. But we do reserve the right as free citizens to heckle the chuckleheads driving it into the ground.

 

[Truthmatters]

But Bush is gone

 

[Toro]

President Romney.

 

[Wry Catcher]

I think Stagflation is likely, I fear Plutocracy will be the result. Plutocracy + a loss of representation in government by the middleclass = a real tea party reaction and the potential for political violence.

Revolution has generally been carried out by the middleclass and given the attacks on police, fire and civil servents extremists on both sides of the aisle ought to think hard; it can happen here.

 

[william the wie]

President Romney.

I know the reasoning behind your argument and I agree with it as a practical political matter but the GOP puts out a sacrificial lamb against Democratic incumbents and the right-wing is restive so I say president Bachman. That is afterall the way we got the star of "Bedtime for Bonzo" as a two term president.

 

[zzzz]

Hmmm. The direction of the economy is dependent upon fuel prices. If gas price stays at $3.50 a gallon the economy will stagnate, if it drops it will start to gain a little steam, if it rises again the bottom will drop out. The numbers we get are always 2 months out of phase with reality. Along with the high food prices the American consumer can only spend so much and food and gas are necessities.

 

[Toro]

President Romney.

I know the reasoning behind your argument and I agree with it as a practical political matter but the GOP puts out a sacrificial lamb against Democratic incumbents and the right-wing is restive so I say president Bachman. That is afterall the way we got the star of "Bedtime for Bonzo" as a two term president.

Romney is polling at 26% in Iowa, which is tied for first, and he isn't even trying. It's too early but put a gun to my head and I'd bet Romney will be President in 2013.

 

[Toro]

BTW the economy picked up in June.

 

[Truthmatters]

The survey of CEOs says they are going to hire in the thrid quarter.

 

[Truthmatters]

Top U.S. CEOs remain upbeat, survey says - MarketWatch

 

[Trajan]

BTW the economy picked up in June.

uhmmm, so whats your guess on gdp q2 and , unemployment/jobs figures for june?

can you please sir explain- 'picked up'...?

 

[Truthmatters]

Dude I just showed you that the CEOs are sayong they are about to hire

 

[Toro]

BTW the economy picked up in June.

uhmmm, so whats your guess on gdp q2 and , unemployment/jobs figures for june?

can you please sir explain- 'picked up'...?

Economic activity accelerated in June. I don't know what GDP will be.

 

[Salt Jones]

Greater income and plenty of work for me.

 

[Big Fitz]

There is only one of two things that can happen to the US economy...

You don't remember Stagflation do you?

If we're really unlucky... which I suspect we will be (thanks leftists) we're looking at French Revolution combined with Weimar Republic. Nothing like a currency reset to wreck a nation and set it up for a hate based dictator.

 

[Big Fitz]

I think Stagflation is likely, I fear Plutocracy will be the result. Plutocracy + a loss of representation in government by the middleclass = a real tea party reaction and the potential for political violence.

Revolution has generally been carried out by the middleclass and given the attacks on police, fire and civil servents extremists on both sides of the aisle ought to think hard; it can happen here.

Plutocracy? hell, the leftist natural progression to soviet style leftism or fascism is what you should be afraid of.