To: shrinkermd
we built too much of our economy on the real estate bubble, while allowing massive amounts of manufacturing and technology to be moved offshore.
at some point, we have to realize that we all can’t earn a living swapping real estate to each other at ever higher prices.
2 posted on
04/10/2007 7:09:52 PM PDT by
oceanview
To: oceanview
Wait! you mean to tell me we can’t all be CEOs, Lawyers, beareucrats, politicians, and real estate speculators?
I’m shocked. Shocked,I tell you!
4 posted on
04/10/2007 7:17:02 PM PDT by
Hawk1976
(It is better to die than to live as a slave.)
To: oceanview
especially when it is so ridiculously important to reduce immigration to the United States
6 posted on
04/10/2007 7:35:37 PM PDT by
lonestar67
(Its time to withdraw from the War on Bush-- your side is hopelessly lost in a quagmire.)
To: oceanview
"we have to realize that we all cant earn a living swapping real estate to each other at ever higher prices"
That's one issue that as a non-economist I would most like to see explained well somewhere...... how much our our GDP is truly meaningful, whether in real estate, services, etc., if it reflects mainly inflated prices and wages? Yes, I know that no economy has ever been primarily manufacturing, but when manufacturing is down to around 17% of our GDP and a lot of key sectors have been moving overseas, do we still have real economic vitality and security?
7 posted on
04/10/2007 7:46:11 PM PDT by
Enchante
(Liefong, Fitzfong, Earlefong, Schumfong, Waxfong, Pelosifong.... see a pattern here?!?)
To: oceanview; A. Pole
9 posted on
04/10/2007 8:11:30 PM PDT by
Clintonfatigued
(If the GOP were to stop worshiping Free Trade as if it were a religion, they'd win every election)
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