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U.S. Economy in shambles?
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mad_mick001



Joined: 12 Dec 2006
Posts: 2

PostPosted: Tue Dec 12, 2006 10:44 am    Post subject: U.S. Economy in shambles? Reply with quote

It certainly is! Why do all the idiots believe the wonderfull figures that the government pulls out of its ar se! Can't they work things out for themselves? If the countries economy is so dandy, why is it trillions of dollars in deficit? Wake up, people!
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shrty0525



Joined: 14 Dec 2006
Posts: 5

PostPosted: Thu Dec 14, 2006 5:51 am    Post subject: U.S. Economy in shambles? Reply with quote

yawho - perhaps you believe it's collapsing - and if it is (of course you have NO source for your statement) it would be because of the people that are against everything - showing the United States *aren't* united.
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Fedup



Joined: 16 Dec 2006
Posts: 4

PostPosted: Sat Dec 16, 2006 12:59 am    Post subject: U.S. Economy in shambles? Reply with quote

Dow Jones is simply SHUT DOWN if it starts to free fall like it has done numerous times in the past two years..that is a FACT. This is to keep it so it doesn't keep falling.Unemployment only takes into account those who are actively getting unemployment benefits, so the number is knowingly skewed into showing only ONE group of people. People who have been out of work and who are still looking for new work, but who don't get unemployment are not accounted for. Inflation doesn't take into account FOOD and ENERGY, what people are spending most of their money on. To show how bad it is, there are only very few people who have any savings to speak of.Real Estate prices are a result from high mortgage rates and banks scared to loan out money because of all the foreclosures which are happening...from ARMS and the regular loans. Real Estate is tanking currently.As far as paying above Minimum wage...Wow...that still is not a livable wage. You have to be making at least $20 an hour to be...THAT is not happening. How many times in 30 years has our Senators and Reps gave themselves a raise? How many times have they raised the minimum wage?I am not going to search for well known facts because I don't have the time. Don't want to believe them, then fine, I don't care.Ever hear of North American Union? It is something like the EU with Mexico, the USA and Canada joined into one. Key words to look up are NAU, SPP, and the Amero (which is the currency they are trying to get the three to use)
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rmagedon



Joined: 17 Dec 2006
Posts: 5

PostPosted: Sun Dec 17, 2006 8:06 pm    Post subject: U.S. Economy in shambles? Reply with quote

The economy is great, but to admit otherwise would require them admitting that socialism sucks. I think their heads would explode if they had to do that.The economy today is stronger than almost ever before. There are many reasons for it but the primary one is people, you and I, have been able to keep more of OUR money and we have put that in to play in the overall financial growth of our country.The tax relief packages of 2001 and 2003 have stimulated almost five years of steady growth. Federal revenues have risen 37% during the last three years and that is expected to continue through 2007. The deficit this year is expected to be 1.5% of GDP, which is below the average of the last 40 years. Productivity growth since 2001 has averaged 2.8 percent annually, which is considerably higher than the past three decades. New jobs since 2003 are at 8.2 million and the current unemployment rate of 4.5% is lower than the averages of the 60’s, 70’s, 80’s and 90’s. If you want a job, there is one out there. Since 2000 real after-tax income is up 9.9 percent which has translated itself into a robust yet steady economy allowing more people to purchase primary homes than ever before in history.So there it is in a nutshell, a great economy driven primarily by allowing we the people to keep OUR money. It is called equality of opportunity, what America is all about. But this is about to come to an end and the ramifications to our security are huge. The primary reason America is the greatest State in the world is due to our financial strength, anything that damages that puts us at great risk.The Democrats have passed a budget that will eliminate those financial stimulus packages effectively raising taxes on every single American to the tune of $736 billion. One key issue, they are eliminating the lower tax rate on capital gains, the one element that has so effectively stimulated the economy in the last six years.The AMT is failing and must be addressed. The Democrat solution to this crisis of their own creation; a 4% tax increase on small businesses and the upper tax bracket. The upper tax bracket is defined as >$80,000 per year in AGI, so America bend over, the Democrats are going to give it to you again. Small businesses employ over half of the private sector employees. What do you think a tax increase is going to do to private jobs growth? These are not companies that are outsourcing jobs; these are red, white and blue American jobs the Democrats are going to eliminate. These are the companies that have created over 60% of the new jobs in the last decade, and now the Democrats are going to punish them for that success.This is not about conservatives and liberals. We are far beyond that debate. It is about America’s capital survival versus sweeping socialism. The capitalist economy works and that is proven, socialism fails, that is known. The two systems are diametrically opposed. Do not for one moment believe they can be blended into a benign socialist system. There is nothing benign about it. Socialism is a cancer, and it is always malignant and to save our country it must be removed in any manner possible.
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brokenheartsyndrome



Joined: 19 Dec 2006
Posts: 4

PostPosted: Tue Dec 19, 2006 3:14 pm    Post subject: U.S. Economy in shambles? Reply with quote

I guess the only thing that they hear was that Canada's $ is worth more than ours. I am sure I heard that too. But what for one day? All of the other things overshadow that.
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