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So...is economy going to pick up after war? (Poll inside)

N

Noirish

Diamond Member
What's your take on it?
Investors seem to think it's going to pick up after the war although I think they are full of those stinky thingy.
When do you think it's going to be better?
 
I dunno

So much happens after the end of the war. If Teh World bows down and kisses our er.. feet, then things get good fast. If there is a Holy War and several old USSR nukes find their way into major US cities, then I would say the economy will have a rather tough time of it. No doubt, something in between will happen.
 
you can see how the stock market is itching up this month even though we are facing more layoffs and the on going war.
you can never trust what analysts tell you.
they tell you one thing today and another thing tomorrow, they can even contracdict themselves.
investors are just dillusional i guess.

layoffs -> less spending -> layoffs in retail section -> less spending -> more layoffs in lower economy ->

it's never going to end.
 
it's never going to end.
Click to expand...

It will eventually. A year or two maybe, but it will never be what it was a couple of years ago.

Historically, the unemployment rate isn't all that high, which is kind of scary.

When I graduated from college (I won't admit when), unemployment was about 11%. Fortunately I had a liberal arts degree and a mediocre gpa to fall back on😕.
 
The economy went south long before Bush, 9/11, or the"war". There are many things necessary for the economy to rebound and "after the war" is only a very small part of it.
 
My experience has been that who the president is or what he does has very little to do with how the economy performs. It's like riding a wave, you either get lucky, like Clinton, or not lucky, like Bush I.

I will tell you this, though. Trickle down is a fraud. We have 20 years of experience that demonstrates that tax cuts, whatever else they do, don't grow the economy fast enough to shrink deficits, yet people still spout this like it's a fact. The mid 90s (surpluses, low unemployment) were an aberration caused by investment bankers (and the rest of us) throwing money away after investments that had very little real value. Now we're paying the price.
 
Originally posted by: koryo
My experience has been that who the president is or what he does has very little to do with how the economy performs. It's like riding a wave, you either get lucky, like Clinton, or not lucky, like Bush I.

I will tell you this, though. Trickle down is a fraud. We have 20 years of experience that demonstrates that tax cuts, whatever else they do, don't grow the economy fast enough to shrink deficits, yet people still spout this like it's a fact. The mid 90s (surpluses, low unemployment) were an aberration caused by investment bankers (and the rest of us) throwing money away after investments that had very little real value. Now we're paying the price.
Click to expand...


I disagree, but we all bow to our own delusions.

 
Originally posted by: koryo
My experience has been that who the president is or what he does has very little to do with how the economy performs. It's like riding a wave, you either get lucky, like Clinton, or not lucky, like Bush I.

I will tell you this, though. Trickle down is a fraud. We have 20 years of experience that demonstrates that tax cuts, whatever else they do, don't grow the economy fast enough to shrink deficits, yet people still spout this like it's a fact. The mid 90s (surpluses, low unemployment) were an aberration caused by investment bankers (and the rest of us) throwing money away after investments that had very little real value. Now we're paying the price.
Click to expand...

man, you have to wonder where all did those money go.
it's trillions of money that just disappeared into thin air.
 
Originally posted by: orangel
Originally posted by: koryo
My experience has been that who the president is or what he does has very little to do with how the economy performs. It's like riding a wave, you either get lucky, like Clinton, or not lucky, like Bush I.

I will tell you this, though. Trickle down is a fraud. We have 20 years of experience that demonstrates that tax cuts, whatever else they do, don't grow the economy fast enough to shrink deficits, yet people still spout this like it's a fact. The mid 90s (surpluses, low unemployment) were an aberration caused by investment bankers (and the rest of us) throwing money away after investments that had very little real value. Now we're paying the price.
Click to expand...

man, you have to wonder where all did those money go.
it's trillions of money that just disappeared into thin air.
Click to expand...
It went into the thick pockets of the companies.
 
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