Discussion in 'Economy' started by Liberty, Jun 29, 2011.
There is only one of two things that can happen to the US economy...
Given our present leadership, we can do both!
boy you really want to se our country fail huh
I am a corporate jet owner so, I am just gonna fly above it all.....
We most certainly do not. But we do reserve the right as free citizens to heckle the chuckleheads driving it into the ground.
But Bush is gone
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.
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.
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.
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