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DaveDude
No Fear

join:1999-09-01
New Jersey
kudos:1
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reply to sonicmerlin

Re: 2 key workshops will decide where stimulus money spent

said by sonicmerlin:

The "spendulus" as you call it has done its job in stabilizing the recession.
So why is unemployment and inflation rising, if anything , this is just a bump which was predicted in February. The economy will get worse over the winter.


fAcEtIOUs
Premium
join:2002-03-03
kudos:4

said by DaveDude:

said by sonicmerlin:

The "spendulus" as you call it has done its job in stabilizing the recession.
So why is unemployment and inflation rising, if anything , this is just a bump which was predicted in February. The economy will get worse over the winter.
Actually the economy should be improving thru mid 2010:
»news.morningstar.com/articlenet/···=2684014
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DaveDude
No Fear

join:1999-09-01
New Jersey
kudos:1
Reviews:
·Vonage
·ViaTalk

said by fAcEtIOUs:

said by DaveDude:

said by sonicmerlin:

The "spendulus" as you call it has done its job in stabilizing the recession.
So why is unemployment and inflation rising, if anything , this is just a bump which was predicted in February. The economy will get worse over the winter.
Actually the economy should be improving thru mid 2010:
»news.morningstar.com/articlenet/···=2684014
Its only temporary, thats what i am talking about, from your article.



The big bounce might run out of gas sometime in 2010 or 2011 - then many of the unavoidable realities of the post-credit bubble economy such as chronic overcapacity and disquietingly high unemployment levels may assert themselves more prominently.


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They Live... We Sleep...

“Spreading the wealth around” never results in a better outcome for people. It always results in destruction.



DarkLogix
Premium
join:2008-10-23
Baytown, TX
kudos:3

Ya the stealfromus plan worked great we (the tax taxpayers) got robbed blind

and now they're going to tax the employers even more thus killing more jobs and creating more wellfare people

so as soon and this bump runs out we're doomed


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