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Post by privateinvestor on Jul 4, 2011 13:23:05 GMT -5
The economic recovery turns 2 — feel better? This one has been the weakest and most lopsided of any since the 1930s This is one anniversary few feel like celebrating. Two years after economists say the Great Recession ended, the recovery has been the weakest and most lopsided of any since the 1930s. After previous recessions, people in all income groups tended to benefit. This time, ordinary Americans are struggling with job insecurity, too much debt and pay raises that haven't kept up with prices at the grocery store and gas station. The economy's meager gains are going mostly to the wealthiest. Workers' wages and benefits make up 57.5 percent of the economy, an all-time low. Until the mid-2000s, that figure had been remarkably stable — about 64 percent through boom and bust alike. www.msnbc.msn.com/cleanprint/CleanPrintProxy.aspx?unique=1309803638346
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safeharbor37
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Post by safeharbor37 on Jul 4, 2011 15:02:54 GMT -5
I'm not sure that anyone could have met the expectations of a large proportion of the American People. We've been living on credit for many years [we can argue about how many some other time]. It's is not only time to stop spending money we don't have, but it's time to pay for [at least] some of our past profligacy [by austerity or inflation or both]. So, the fact is that we aren't supposed to go back to "the way it was." "The way it was" was unsustainable. But you'd not know that. The American People have become resistant to hearing bad news ~ like the Greeks, for example. Reality sucks sometimes, but it's still real. What we really need is a leader ~ a real leader, not a pretend one; a leader who can rally the people to do what's necessary. You remember Reagan. He could do that. A "leader" can't do it for us, but a real leader can lead.
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billisonboard
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Post by billisonboard on Jul 4, 2011 15:07:32 GMT -5
I'm not sure that anyone could have met the expectations of a large proportion of the American People. We've been living on credit for many years [we can argue about how many some other time]. It's is not only time to stop spending money we don't have, but it's time to pay for [at least] some of our past profligacy [by austerity or inflation or both]. So, the fact is that we aren't supposed to go back to "the way it was." "The way it was" was unsustainable. But you'd not know that. The American People have become resistant to hearing bad news ~ like the Greeks, for example. Reality sucks sometimes, but it's still real. What we really need is a leader ~ a real leader, not a pretend one; a leader who can rally the people to do what's necessary. You remember Reagan. He could do that. A "leader" can't do it for us, but a real leader can lead. Not Reagan again.
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Post by privateinvestor on Jul 4, 2011 15:16:54 GMT -5
This has to be rather troubling data: The toll of all this shows in consumer confidence, a measure of how good people feel about the economy. According to the Conference Board's index, it's at 58.5. Healthy is more like 90. By this point after the past three recessions, it was an average of 87.
How gloomy are Americans? A USA Today/Gallup poll eight weeks ago found that 55 percent think the recession continues, even if the experts say it's been over for two years. That includes the 29 percent who go even further — they say it feels more like a depressionwww.msnbc.msn.com/cleanprint/CleanPrintProxy.aspx?unique=1309803638346
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deziloooooo
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Post by deziloooooo on Jul 4, 2011 15:20:46 GMT -5
When businesses are doing ok, almost or equal to what they were doing before the collapse, but doing it with 7 million workers, when so many of our industrys are now off shore..never to come back..population has increased, besides the debt of the nation, three wars either in the middle, ending and one who knows what and very expensive to do as usual and no taxes to pay for them.. "Two years after economists say the Great Recession ended, the recovery has been the weakest and most lopsided of any since the 1930s." I think it can partially explain what is happening..and the man in charge..can't hire all those who are out of work.. He did get into trouble by pushing a stimulus program ..he did save some major industrys from collapsing..auto and all those supporting industrys..he did save most of the financial institutions that would have closed, that kept many from losing their jobs..even got some Wall Street reforms through..what else could he have done, anyone? Seemed he was damned if he did and damned if he didn't , and then don't forget the biggies, the toast to the Queen, the limo stuck in the drive way..the not showing up at Arlington, oops he did didn't he, scratch that one..not showing up in Az for the memorial service..oops that too, he was there, ok kids cheered instead of cried, his fault? ..there was something he was blamed for there..think he made it to the Tornado area too...can't forget all the golf either..bad man, bad man...saving some money by reducing troops in Afganistan, but now it's to few or to many.. Oh well.. when you all got it figured out ..get back to me, in the mean time, ...
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deziloooooo
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Post by deziloooooo on Jul 4, 2011 15:21:05 GMT -5
oops, dup
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deziloooooo
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Post by deziloooooo on Jul 4, 2011 15:21:23 GMT -5
oops triples
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Post by privateinvestor on Jul 4, 2011 15:23:47 GMT -5
What we really need is a leader ~ a real leader, not a pretend one; a leader who can rally the people to do what's necessary. You remember Reagan. He could do that. A "leader" can't do it for us, but a real leader can lead. And if the Republicans can NOT find this so caled "leader" we could be in for four more years of this recession or wose another depression according to both liberal and conservative economists.. Housing and unemployment are the two potential threats to our way of life for most americans except the super rich.. Not Reagan again. Not likely Bills... Although Old Newtie likes to quote Reagan at his campaign speeches just to keep his audiences from dozing off..
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safeharbor37
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Post by safeharbor37 on Jul 4, 2011 15:54:22 GMT -5
The Obama Administration is proposing a 56MPG goal for 2025. So he hasn't wavered in his government takeover goals. Perhaps he is afraid that he won't get a second term, but imagine the result if he is reelected. A Republican takeover of the Senate [holding the House] could help, but if the Democrats take the Presidency, it's unlikely the Republicans can take the Congress. The Socialist State is just around the country ~ and, if [when] we get it, we'll have voted it in.
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Post by privateinvestor on Jul 4, 2011 16:01:12 GMT -5
2025? In 14 years Safeharbor ?? Not too sure I will care by then..
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safeharbor37
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Post by safeharbor37 on Jul 4, 2011 17:33:10 GMT -5
The policy is progressive. The change would begin immediately with the goal of 2025. Two things: the rate of change is determined by the goal and the time allowed to achieve the goal; and what effects the policy would have in the meantime. I suspect that, at least for a while, older vehicles would be "grandfathered," but there is no assurance. I believe that California has put some restrictions on "antique" automobiles and there's no reason to believe that the Federal Government wouldn't also. I also probably won't be driving in 2025 [or doing anything else, but that's unpredictable]. As regards my comment about Reagan above; what we need is someone who can encourage and comfort us while doing whatever is necessary to get through the tough times. Reagan did it and regardless your opinion of him and his policies, honest people will admit that things did get better and the "malaise" was relieved at least long enough to set us on a long period of relative prosperity. A President can't "fix it for us," but he/she can motivate us to get the job done. That's the kind of President we need. At the moment, Obama isn't cutting it.
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djAdvocate
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Post by djAdvocate on Jul 4, 2011 18:28:59 GMT -5
The economic recovery turns 2 — feel better? This one has been the weakest and most lopsided of any since the 1930s that makes sense, given that this is the worst recession since the depression. of course it was the worst recession since the depression before Obama took office. so, who are we blaming again?
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Deleted
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Post by Deleted on Jul 4, 2011 18:43:52 GMT -5
The Obama Administration is proposing a 56MPG goal for 2025. So he hasn't wavered in his government takeover goals
I'll be honest, I don't get the extended gas millage thing. It has nothing to do with the political system either. I believe that there is just so far you can ride certain technologies & we maybe be coming to the end of how much you can improve a gas engine. Now numbers before this haven't been all that much of a problem because European car makes were getting them (so they were possible). But now we are getting to the extreme numbers & that's a totally different thing. While I'm sure that it makes the President or Congress feel like they did something when they up these requirements (we're cutting gas usage by 14% in the next 10 years) I just wonder how possible it is.
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Post by privateinvestor on Jul 4, 2011 18:56:36 GMT -5
The economic recovery turns 2 — feel better? This one has been the weakest and most lopsided of any since the 1930s that makes sense, given that this is the worst recession since the depression. of course it was the worst recession since the depression before Obama took office. so, who are we blaming again? It is not some much blaming Obama but rather wondering what is he going to do for the next 1 1/2 years?? Will he do anything other than just say " we need to create more job" or "the economy is improving" or "the repubs need to do get to work" But to his credit he is no longer blaming Bush...so be thankful for something, I gues??
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djAdvocate
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Post by djAdvocate on Jul 4, 2011 19:02:17 GMT -5
that makes sense, given that this is the worst recession since the depression. of course it was the worst recession since the depression before Obama took office. so, who are we blaming again? It is not some much blaming Obama but rather wondering what is he going to do for the next 1 1/2 years?? Will he do anything other than just say " we need to create more job" or "the economy is improving" or "the repubs need to do get to work" But to his credit he is no longer blaming Bush...so be thankful for something, I gues?? i am in the manufacturing sector, and things have absolutely improved for me. if his jobs record is better than Bush's in the first four years, that will be a remarkable achievement- and it is not an impossible goal for him. 2M jobs in 18 months should totally be achievable for him. if he fails to achieve that, his re-election chances are minimal, imo.
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Post by privateinvestor on Jul 4, 2011 19:23:27 GMT -5
The nation will be watching and waiting for the next 1 & 1/2 years to see how Obama does...If he just spends most of his time out on the campaign trail trying to get his $1 Billion Campaign Goal then that is not what voters want. Or if he keeps making misstatements or gaffes that will be covered extensively by his critics.. You have to know Fox News and others conservative media are monitoring everything Obama does or says until the presidential elections in 2012.
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djAdvocate
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Post by djAdvocate on Jul 4, 2011 19:26:09 GMT -5
The nation will be watching and waiting for the next 1 & 1/2 years to see how Obama does...If he just spends most of his time out on the campaign trail trying to get his $1 Billion Campaign Goal then that is not what voters want. Or if he keeps making misstatements or gaffes that will be covered extensively by his critics.. You have to know Fox News and others conservative media are monitoring everything Obama does or says until the presidential elections in 2012. if he doesn't get his $1B war chest, he will probably lose, too. the big guns are out. and he is in their sites. note the the board: this is a METAPHOR, ok? not talking about "second amendment solutions" here!
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Post by privateinvestor on Jul 4, 2011 19:30:00 GMT -5
Have you ever watched the so called round table on Fox News when the Conservative Political Experts add their two cents about the Obama Administration?? One guy, (Charles Krauthammer) has made some negative comments about Obama that really surprise me because I am sure the White House would love to pull the plug on him.. And Dick Cheney's daughter is even more negative than Krauthammer is about Obama..
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billisonboard
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Post by billisonboard on Jul 4, 2011 19:32:06 GMT -5
The nation will be watching and waiting for the next 1 & 1/2 years to see how Obama does...If he just spends most of his time out on the campaign trail trying to get his $1 Billion Campaign Goal then that is not what voters want. Or if he keeps making misstatements or gaffes that will be covered extensively by his critics.. You have to know Fox News and others conservative media are monitoring everything Obama does or says until the presidential elections in 2012. if he doesn't get his $1B war chest, he will probably lose, too. the big guns are out. and he is in their sites. note the the board: this is a METAPHOR, ok? not talking about "second amendment solutions" here! I have been to the sites of many a big gun and Obama is certainly in them.
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safeharbor37
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Post by safeharbor37 on Jul 4, 2011 21:43:58 GMT -5
You only get in trouble if you put him in your sights [or, alternatively, "in your cites" is OK]. Having him "in your sights" is different than saying "he is a sight".
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floridayankee
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Post by floridayankee on Jul 5, 2011 8:47:56 GMT -5
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