Inflation and a falling dollar...

vc1111 · 03-12-2008, 07:08 AM

...and maybe a recession.

I have my own opinion about how we got here from a starting point of the booming economy in the 90's...(lol, under President Clinton)...but I'd like to hear the opinions of others as to how we got here.

Obama or Clinton will probably have an easier time of getting elected because of the current economic environment alone.

Nice work, eh?

Lanse couche couche · 03-12-2008, 07:13 AM

Well, just you wait and see. As soon as I go running to Walmart and Gander Mountain with my 600 refund, things are gonna start booming[:@]

vc1111 · 03-12-2008, 07:15 AM

I can't wait to spend that money that my government sent from funds they don't have.

Exquisite thought process on their part.

Got debt?

bawanajim · 03-12-2008, 07:25 AM

I posted the correct answer yesterday Beer & prostitutes will get the economy back on track.Its the American way.

ipscshooter · 03-12-2008, 07:27 AM

Economists See U.S. Avoiding Recession

http://www.msnbc.msn.com/id/23572266/

We'll get one though, if we elect Obama or Clinton and impose a $2 Trillion tax hike...

Lanse couche couche · 03-12-2008, 07:27 AM

Your strategy may already be working given the day that the DOW had yesterday.

vc1111 · 03-12-2008, 07:34 AM

From the same article ips:
"The no-recession forecast runs counter to the outlook among many economists and financial pundits, who contend the economy has already started to shrink amid rising unemployment, job losses, record oil prices, and the lingering effects of the housing and credit crises."

Anyone care to take a stab at how we got here? From the economy of the 90's? Under the watchful eyes of the current admin? Hmmm? Anyone?

bawanajim · 03-12-2008, 07:37 AM

Business practices & regulations that allowthings like Eron .

Late last month, the wife of former Enron chairman Kenneth Lay tearfully told a national television audience that she and her husband were struggling to avoid personal bankruptcy following the collapse of the Houston energy-trading company. What Linda Lay failed to tell viewers of NBC's Today show, however, was that she and her husband had shifted millions in personal assets to investments that are beyond the reach of creditors or legal judgments.

ipscshooter · 03-12-2008, 07:38 AM

I don't know, maybe because the current admin has spent money like John Edwards in a beauty parlor...

People want change, well... elect a fiscal conservative. That would be a change.

burniegoeasily · 03-12-2008, 08:33 AM

Quote:

ORIGINAL: vc1111

...and maybe a recession.

I have my own opinion about how we got here from a starting point of the booming economy in the 90's...(lol, under President Clinton)...but I'd like to hear the opinions of others as to how we got here.

Obama or Clinton will probably have an easier time of getting elected because of the current economic environment alone.

Nice work, eh?

I don't see how locking up the expendable cash of the hard working in excessive taxes being an electable quality.