This is a good thing! This is what brought us wonderful writers like Dickens!:)How unexpected...
It looks like those great Arab Spring “victories” aren’t working out for us. I thought for sure that once Qadhafi was dead and the Muzzie Bros. took over that our economy would bounce right back with Barry’s Gallup poll numbers. I guess the state run “media” was lying again.
Yeah, and, today, I heard “they” are expecting an increase in Christmas purchasing by consumers......I call BUNK on that, too!
If economists say it, the opposite will happen.
So look for a rally in the economy and an Obama reelection.
How can you beat the man who saved the economy, gave healthcare to every American, and slew the evil Osama and Khadafy?
This is a good thing! This is what brought us wonderful writers like Dickens!:)We have something close to a capital strike. Something similar happened during FDR’s second term. Like Obama, FDR tried to flog the rich to make them work their money harder. Instead, they waited. If France had no fallen in 1940, FDR would not have been re-elected.
I have yet to see an analysis why the US will actually recover. Considering the debt and other fundamental flaws within our current economy. Even plans of new tax codes fail to address the actions needed, ie slashing Gov’t.
If they're wrong about 2012, it's good for Obama. If they're right about 2012, we're in for deeper misery. I'm just curious about the recent track record for this economic survey.
My company put it at 1%. Cuts are coming. It is a global firm with 120,000 educated employees.