Experts say recovery is on track

[JimH52]

Economists say U.S. recovery is firmly on track - Feb. 22, 2010

 

[uscitizen]

But it is a slow train. Not supposed to reach it's destination for around another 5 years.

 

[CrusaderFrank]

Unfortunately, under Obama the biggest growth industry is Government

 

[uscitizen]

Unfortunately, under Obama the biggest growth industry is Government

Same as under Bush?

 

[CrusaderFrank]

Unfortunately, under Obama the biggest growth industry is Government

Same as under Bush?

Bush had that whole real estate thing working for a few years.

 

[uscitizen]

Unfortunately, under Obama the biggest growth industry is Government

Same as under Bush?

Bush had that whole real estate thing working for a few years.

Yeah but that did not turn out so well in the long run.
Although it did provide tens of thousands of jobs to illegal imigrants.

 

[CrusaderFrank]

Experts: Have you considered a wolverine as a house pet?

 

[jillian]

But it is a slow train. Not supposed to reach it's destination for around another 5 years.

if they wanted it quicker, seems they needed to put in more $$.

 

[CrusaderFrank]

Stimulus isn't working, we need more Stimulus!!!

 

[uscitizen]

We need intelligently applied stimulus.

 

[jillian]

We need intelligently applied stimulus.

stimulus directed at putting people to work....

 

[uscitizen]

We need intelligently applied stimulus.

stimulus directed at putting people to work....

Yep, we are consumer based economy and if consumers are not working and spending...

 

[CrusaderFrank]

Does a program that cost taxpayers $57,000 per house to upgrade 9,000 houses to "green friendly" really count as stimulus?

 

[uscitizen]

Does a program that cost taxpayers $57,000 per house to upgrade 9,000 houses to "green friendly" really count as stimulus?

Nope, as I said we need more thoughful stimulus methods.

 

[CrusaderFrank]

Hmmm, what if we made it cheaper for business to operate, like lowering energy costs, lowering taxes, easing regulations and let them know we weren't going to nationalize the US healthcare system, think that might help?

 

[uscitizen]

Hmmm, what if we made it cheaper for business to operate, like lowering energy costs, lowering taxes, easing regulations and let them know we weren't going to nationalize the US healthcare system, think that might help?

We have already done that and look where we are now.

Lowering energy costs? You a socialist?

 

[JimH52]

It took Bush 8 years to get us into this mess. I expect it will take as long, if not longer, for us to get out. The days of double digit yearly increases in property values are over. We are going to have to crawl back to where we were pre-Bush...

 

[uscitizen]

how long has our prime rates been virtually nothing?

 

[JimH52]

The Fed and the administration are taking extraordinary steps in an attempt ot get us out of this recession. But movement is being seen.

 

[uscitizen]

So far it is pretty much a more of the hair of the dog that bit you recovery effort.