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I think people exaggerate how bad the economy is(which always happens in election years). Unfortuntely this exaggeration is causing a lot of financial speculation which then causes people to spend more conservatively. So in the end the economy might end up being as bad as people really think it is! When it really doesn't need to be.
What's worse is people think the housing market can be fixed if the Fed would just cut interest rates. However the Fed really doesn't have any leeway to cut interest rates because inflation is up.
ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...
I bet you wish you were canadian now eh? lol livingrapture
If Hilary Clinton becomes the next president, I'll move into the house next to you lol.
I agree... we're already in a recession.proctorsurfa recession is 2 or more consecutive fiscal quarters of negative growth. we have not had 2 quarters of negative growth. we have had slowed growth, but no negative growth
[QUOTE="livingrapture"]ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...
I bet you wish you were canadan now eh? lol StarFoxEXR
If Hilary Clinton becomes the next president, I'll move into the house next to you lol.
Hopefully things will improve with some of the solutions being suggested. A US recession could be pretty bad for all of North America. Unless lots of Americans move to Canada and get our economy moving even stronger. Thingsare pretty amazing here right now. There is so much construction happening. There is a new house going upon every block in my neighbourhood (not exagerating at all). And they're only getting more expensive. The most recent new houses for sale are over $2 million!
you know, in order to sell your house, someone has to want to buy it. It has nothing to do with the economyFood_Nipple
No housing sales are one of the strongest indicators of how an economy is doing. If no one can buy a house that means wages are stagnant, rates too high, or consumer confidence is low and people are waiting it out. It's very important. It doesn't matter where houses are being built, in a few places housing is up, but over a vast majority of the U.S. it's way down.
[QUOTE="livingrapture"]ya americas screwd it doesnt matter how much $$$ bush pumps into the economy you guys r screwd...
I bet you wish you were canadian now eh? lol StarFoxEXR
If Hilary Clinton becomes the next president, I'll move into the house next to you lol.
Hillary Clinton brought a lot of money to New York and NYC.you know, in order to sell your house, someone has to want to buy it. It has nothing to do with the economyFood_Nipple
The Housing market is a HUGE economic indicator.
[QUOTE="proctorsurf"]I agree... we're already in a recession.notconspiracya recession is 2 or more consecutive fiscal quarters of negative growth. we have not had 2 quarters of negative growth. we have had slowed growth, but no negative growth
Guess what happens right before a Recession? Slowed Growth.
The house can get sold if you have a agent that wants to sell it. If you have a agent that will sell it means it doesn't matter to him until it sells. A agent that wants to sell it works for a living and wants your business, that is a agent. The bad part about what is going on now is not as much the economy as it is government spending. They are the worst run business ever. So vote for limited government to change the problem.flavort
Well voting a democrat in sure as hell wont do that. They want to increase the amount of social programs and social spending by extreme amounts, especially hillary clinton. Add to that most likely a democrat wouldnt pull out of iraq after getting elected, especially hillary, given the potential extreme political fallout from a premature exodus of a war-state. Sure, you might get a huge boost at first, but if Iraq is conquered and becomes a terror state, and if America was attacked AGAIN afterwards, i gaurentee you a democrat wouldnt get elected again for several decades. So you'd have all that social spending PLUS all of the war-time spending.
Best thing is to go for an independant or moderate republican. The republican nominee may not be cutting down much on the government, but atleast they arent adding onto it (Well, mos of them anyways).
[QUOTE="flavort"]The house can get sold if you have a agent that wants to sell it. If you have a agent that will sell it means it doesn't matter to him until it sells. A agent that wants to sell it works for a living and wants your business, that is a agent. The bad part about what is going on now is not as much the economy as it is government spending. They are the worst run business ever. So vote for limited government to change the problem.Tolwan
Well voting a democrat in sure as hell wont do that. They want to increase the amount of social programs and social spending by extreme amounts, especially hillary clinton. Add to that most likely a democrat wouldnt pull out of iraq after getting elected, especially hillary, given the potential extreme political fallout from a premature exodus of a war-state. Sure, you might get a huge boost at first, but if Iraq is conquered and becomes a terror state, and if America was attacked AGAIN afterwards, i gaurentee you a democrat wouldnt get elected again for several decades. So you'd have all that social spending PLUS all of the war-time spending.
Best thing is to go for an independant or moderate republican. The republican nominee may not be cutting down much on the government, but atleast they arent adding onto it (Well, mos of them anyways).
You're oversimplifying the difference between the parties. Many people are socially liberal but believe in smaller government / lower taxes. And voting for an independent in our two-party system seems like a wasted vote to me...
the fact that you can't easily sell your house is not just down to the economy being bad lol.. praps it's in poor condition? bad neighbourhood? Asking too much... soo many variables .GenTom
No, it's common knowledge that the housing market it terrible in the States right now, and there is a sub-prime mortgage crisis. The economy really is in bad shape at the moment.
Well voting a democrat in sure as hell wont do that. They want to increase the amount of social programs and social spending by extreme amounts, especially hillary clinton. Add to that most likely a democrat wouldnt pull out of iraq after getting elected, especially hillary, given the potential extreme political fallout from a premature exodus of a war-state. Sure, you might get a huge boost at first, but if Iraq is conquered and becomes a terror state, and if America was attacked AGAIN afterwards, i gaurentee you a democrat wouldnt get elected again for several decades. So you'd have all that social spending PLUS all of the war-time spending.
Best thing is to go for an independant or moderate republican. The republican nominee may not be cutting down much on the government, but atleast they arent adding onto it (Well, mos of them anyways).
Tolwan
Yes, as usual a Republican comes in and makes a huge mess of things, then people blame whoever comes next for trying to clean up the mess. The Bush administration is directly responsible for the Iraq war, and America is stuck with it for a very long time now thanks to them. Cleaning up the economic damage this administration caused with its irresponsible tax cuts and offensive operations is going to take decades.
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