When economy bottoms out, how will we know?

[KMAN]

The good part of the story is this... But the economy always recovers. It runs in cycles,

That being said why are we spending trillions of dollars on something that is going to fix itself?


When economy bottoms out, how will we know?

 

[alan1]

The good part of the story is this... But the economy always recovers. It runs in cycles,

That being said why are we spending trillions of dollars on something that is going to fix itself?


When economy bottoms out, how will we know?

Political masturbation?

 

[xsited1]

The good part of the story is this... But the economy always recovers. It runs in cycles,

That being said why are we spending trillions of dollars on something that is going to fix itself?


When economy bottoms out, how will we know?

The Obama Slide will continue unabated until the United States becomes a Socialist utopia.

 

[auditor0007]

The good part of the story is this... But the economy always recovers. It runs in cycles,

That being said why are we spending trillions of dollars on something that is going to fix itself?


When economy bottoms out, how will we know?

The Obama Slide will continue unabated until the United States becomes a Socialist utopia.

I don't actually buy into that notion. More likely, the excessive spending from the left will continue to batter our economy, finally leading to a re-evaluation of the leftist agenda, at which time we shall see a huge swing to true conservatism on the fiscal side of things. More likely than not, this will come about more out of necessity than a true change in ideology.

 

[xsited1]

The good part of the story is this... But the economy always recovers. It runs in cycles,

That being said why are we spending trillions of dollars on something that is going to fix itself?


When economy bottoms out, how will we know?

The Obama Slide will continue unabated until the United States becomes a Socialist utopia.

I don't actually buy into that notion. More likely, the excessive spending from the left will continue to batter our economy, finally leading to a re-evaluation of the leftist agenda, at which time we shall see a huge swing to true conservatism on the fiscal side of things. More likely than not, this will come about more out of necessity than a true change in ideology.

By that time it might be too late. The number of government jobs is already increasing while the private sector continues to get hammered. There are also an increasing number of people with an entitlement mentality. Eventually, there will be a critical mass of leftists and poor people who will continue to vote for marxists like Obama. It will become a self-fulfilling prophecy with the achievers representing the minority. It might be time to get a government job and milk the system until Rome burns.

 

[auditor0007]

The Obama Slide will continue unabated until the United States becomes a Socialist utopia.

I don't actually buy into that notion. More likely, the excessive spending from the left will continue to batter our economy, finally leading to a re-evaluation of the leftist agenda, at which time we shall see a huge swing to true conservatism on the fiscal side of things. More likely than not, this will come about more out of necessity than a true change in ideology.

By that time it might be too late. The number of government jobs is already increasing while the private sector continues to get hammered. There are also an increasing number of people with an entitlement mentality. Eventually, there will be a critical mass of leftists and poor people who will continue to vote for marxists like Obama. It will become a self-fulfilling prophecy with the achievers representing the minority. It might be time to get a government job and milk the system until Rome burns.

I didn't say it would be pretty. However, the more the government controls, the more it must collect to fund it's programs. Eventually, there won't be any place left to collect those revenues, and a new conservative attitude will take hold. Europe is heading in that direction. We think we have a problem with SS and Medicare? Most European countries are in much worse shape than us, and it's starting to take hold. Sarkozy's election in France is just one of the first signs that things are beginning to change. In Germany, there has been much discussion of increasing work hours, cutting taxes, and cutting government programs. Europeans are starting to understand they can't afford their Utopia.

 

[del]

you'll be texted, just like everyone else.

 

[DiveCon]

of course, Obama will tell us

 

[Annie]

The Obama Slide will continue unabated until the United States becomes a Socialist utopia.

I don't actually buy into that notion. More likely, the excessive spending from the left will continue to batter our economy, finally leading to a re-evaluation of the leftist agenda, at which time we shall see a huge swing to true conservatism on the fiscal side of things. More likely than not, this will come about more out of necessity than a true change in ideology.

By that time it might be too late. The number of government jobs is already increasing while the private sector continues to get hammered. There are also an increasing number of people with an entitlement mentality. Eventually, there will be a critical mass of leftists and poor people who will continue to vote for marxists like Obama. It will become a self-fulfilling prophecy with the achievers representing the minority. It might be time to get a government job and milk the system until Rome burns.

A John Galt moment? Living through this is weird. Seduced rather than bludgeoned, close to what Tocqueville said.

 

[Kevin_Kennedy]

The good part of the story is this... But the economy always recovers. It runs in cycles,

That being said why are we spending trillions of dollars on something that is going to fix itself?


When economy bottoms out, how will we know?

Many don't believe that the market corrects itself, they believe the "free" market is to blame for the recession in the first place, and they have "mainstream" economists telling them that the government has to step into the place of American citizens to spend our way out of this recession.

Of course, they're all wrong, but that is what they believe.

 

[cbi0090]

This is not an economic cycle. This is the result of government meddling and loose ethics. So what are we doing to fix it? More government meddling.

 

[sparky]

aren't most?

 

[roomy]

Your property will be worthless and your wages if you are lucky enough to still have a job will be laughable.

 

[Ravi]

When economy bottoms out, how will we know?

The GOP will no longer have the money to pay sock puppets, and KMAN will stop posting.

 

[editec]

The good part of the story is this... But the economy always recovers. It runs in cycles,

That being said why are we spending trillions of dollars on something that is going to fix itself?


When economy bottoms out, how will we know?

And you know it will fix itself, how, exactly?

 

[editec]

I don't actually buy into that notion. More likely, the excessive spending from the left will continue to batter our economy, finally leading to a re-evaluation of the leftist agenda, at which time we shall see a huge swing to true conservatism on the fiscal side of things. More likely than not, this will come about more out of necessity than a true change in ideology.

By that time it might be too late. The number of government jobs is already increasing while the private sector continues to get hammered. There are also an increasing number of people with an entitlement mentality. Eventually, there will be a critical mass of leftists and poor people who will continue to vote for marxists like Obama. It will become a self-fulfilling prophecy with the achievers representing the minority. It might be time to get a government job and milk the system until Rome burns.

I didn't say it would be pretty. However, the more the government controls, the more it must collect to fund it's programs. Eventually, there won't be any place left to collect those revenues, and a new conservative attitude will take hold. Europe is heading in that direction. We think we have a problem with SS and Medicare? Most European countries are in much worse shape than us, and it's starting to take hold. Sarkozy's election in France is just one of the first signs that things are beginning to change. In Germany, there has been much discussion of increasing work hours, cutting taxes, and cutting government programs. Europeans are starting to understand they can't afford their Utopia.

Better a semi-socialist nation that works badly than a sham-capitalist nation that doesn't work at all, methinks.

I'm not happy with the TARP or bailout either, and have serious doubts that it will truly solve anything in the long run.

 

[auditor0007]

By that time it might be too late. The number of government jobs is already increasing while the private sector continues to get hammered. There are also an increasing number of people with an entitlement mentality. Eventually, there will be a critical mass of leftists and poor people who will continue to vote for marxists like Obama. It will become a self-fulfilling prophecy with the achievers representing the minority. It might be time to get a government job and milk the system until Rome burns.

I didn't say it would be pretty. However, the more the government controls, the more it must collect to fund it's programs. Eventually, there won't be any place left to collect those revenues, and a new conservative attitude will take hold. Europe is heading in that direction. We think we have a problem with SS and Medicare? Most European countries are in much worse shape than us, and it's starting to take hold. Sarkozy's election in France is just one of the first signs that things are beginning to change. In Germany, there has been much discussion of increasing work hours, cutting taxes, and cutting government programs. Europeans are starting to understand they can't afford their Utopia.

Better a semi-socialist nation that works badly than a sham-capitalist nation that doesn't work at all, methinks.

I'm not happy with the TARP or bailout either, and have serious doubts that it will truly solve anything in the long run.

Europe went that route already, and it's not working for them. Even in Europe, we are starting to see a small move to the right, and that is very likely to continue in the future.

 

[raceright]

Vacationed with a couple friends from UK and Check Republic early fall.
I don't know if I got it right but they told me when a business in Europe hires and employee the new employee has a job for life and can never be laid off.. Sounds like worse than Unionism, they said they are reculant to hire for fear of not being able to have enough work for new hires-- Could this be possible???