Archived

This topic is now archived and is closed to further replies.

pstall

Is The Economy Doing Good Or Bad? You Tell Me.

22 posts in this topic

I'm curious to hear what everybody thinks.

Share this post


Link to post
Share on other sites

I think there are bubbles

Share this post


Link to post
Share on other sites

Depends. Doing better, I think. Good? I think we are not at "Good" yet overall, but I would say we are "Good" compared to where we have been in the recent past. I do not think things are bad overall (though they are very bad for some).

Share this post


Link to post
Share on other sites

I'm not sure if the economy is "better" or if the populace has finally adjusted to the economy. I blew threw several years' worth of savings before I finally made the necessary adjustments. I'm still not where I need to be financially but I'm better off now than I was a year ago.

My immediate circles seem to have adjusted to the economy moreso than the economy has improved.

1 person likes this

Share this post


Link to post
Share on other sites

Every time the economy seems to get a toe hold, oil prices shoot up and shoot us in the foot.

Share this post


Link to post
Share on other sites

All the indicators tell us that things are "better" - but I think because of the real estate thing its going to be a slow continuing upward trend for several more years. We had built up our economy on too much credit and inflated real estate prices, fooling ourselves that we were better off then we were.

I think that as long as we don't do anything foolish to get instant gratification economically, we are going to be in for a long stable period since we managed to save ourselves this time. Need to get more money into the treasury to pay for the recovery costs - even though debt is relatively cheap to service at this point, that will slowly start to change.

Share this post


Link to post
Share on other sites

good or bad, compared to what, is the question.

Share this post


Link to post
Share on other sites

not sure this is the sort of thing that can be measured anecdotally

Share this post


Link to post
Share on other sites

I dont think It is doing too well.

Yea, there may be a few more jobs availble now than there were in 2009, but most of them are low paying jobs, and the people who landed those jobs are still trying to feed their kids at the poverty level.

There are also mitigating factors that will ultimately collapse our economy soon. The 1% know this, and that is why they sent all of our jobs overseas so that they could pay their workers pennies on the dollar compared to the wages that they have to pay in the United States.

Also, we are quickly running out of oil, but our congress and president are so far up the oil companies ass, that they will never spend a dime to try and find a solution to our rising energy costs. Our economy will never be able to survive $7.00 or $8.00 a gallon gas prices, but those times are coming very soon, probably in the next 3 or 4 years. (estimated to be $10.00 a gallon by 2020... 7 1/2 years from now.)

They knew this energy crisis was coming 35 years ago when we had our wake-up call in the 1970s..., but because of greed, they failed to do anything about it, and now we will all suffer for it.

Share this post


Link to post
Share on other sites



  • Posts

    • Portland selects Harry Giles rights to Sac
    • This is great!! Congrats Malik!!
    • Scouting report: A player who arguably all season long was the best offensive threat in college basketball sits around the later top ten in almost all draft boards. Monk is easily compared to Jamal Crawford because of his aggressive shooting combined with the ability to score from anywhere. Monk shot a near 40 percent from three while shooting 82 percent from the free throw line in his first year at Kentucky. Monk averaged an SEC second best 19.8 points per game. Monk has a shooting skillset that is needed in the NBA but is hard to find. He has that unconscious shooting stroke which can be Curry like at times. What intrigues scouts the most about Monk is that he is not just a shooter, he plays above the rim and he can guard either the one or the two. Although Monk showed off his high-flying display all year long at Kentucky, it was his defense that stood out the most. His run and gun mentality allows him to jump passing lanes and play in your face defense on almost every possession forcing turnovers and fast break opportunities quite frequently. Monk is a dangerous transition guard who can score in a flurry. With the way that the NBA is going regarding athletic three point shooting guards, Monk would fit well with virtually every team in the NBA and could be used in multiple different lineups. Even though he is a shooter, Monk has the capability of running an offense and getting his teammates open.