Comments on: This economy could be as good as it gets

By: nikacat

nikacat — Sun, 16 Sep 2012 07:35:27 +0000

After Bush and Obama, together with their like minded brethren in the U.S. Congress, we can be assured that right now will definitely be as good as it gets. Once the bills from their free spending orgy come due, then I can see no way forward but downhill.

The southern European countries are not that much different than us, except that uncontrolled immigration is turning us rapidly into a polyglot tower of babel. The southern Europeans remain relatively free from this curse, and so even they enjoy a certain advantage over the United States. I wonder how much longer the securities of the U.S. government will continue to be rated investment grade? I sure don’t want to be holding them.

By: GugaHS

GugaHS — Thu, 13 Sep 2012 15:22:07 +0000

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Read out the article on
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By: Sandip27

Sandip27 — Thu, 13 Sep 2012 10:14:57 +0000

Which specific sectors do you think, might potentially do well post crisis? There is already a report in Reuters on “Small Businesses” picking up in August. Do you think start-ups and small businesses can help the economy to get growth back on track? How significant and desirable would it be for the relatively smaller businesses and startups which are relatively lesser organized to drive growth post this crisis? Apart from decisions on economic stimulus and interest rates, what “Strategic” decisions related to local and international trade and employment (say reducing or encouraging outsourcing)is desirable and may be expected?

I am new here and would be glad even if you answer a couple of these questions for me.

By: skyblu5555

skyblu5555 — Thu, 13 Sep 2012 03:16:13 +0000

Never have US government policies been so skewed as to allow the enormous outflow of hundreds of thousands a month of high level U.S. jobs, month in, month out, encouraged and rewarded by tax policy; financing policies (Import/Export Bank, Overseas Investment Bank, and the many, many more bilateral and multilateral banks whose excessive lending has placed the burden of bailouts onto the American people. Where was Paul Ryan when our U.S. jobs were sucked out of the U.S.? Or Congress in the main?
The silence spoke volumes about that body.

Never before in my lifetime has the United States government policies favored the outright giveaway of U.S. technology including classified technology and know how, carte blanche, the effect of which strengthens all nations by weakening and disinvestment back into the United States.

Massive and insane immigration policy continues; issuing visas by U.S. Consulates world wide and priiate travel agencies. We have no idea the tens of millions issued visas around the world giving permit to enter the USA. And no better system than was in place on Sept 10, 2001.
It’s too late. When the US Government could have acted it chose not to, delaying, delaying and delaying again until it was a faux accompli; i.e. the Commodities Futures Trading Commission and it’s abject failure to intervene for instance, when oil futures traders drove up the price of gasoline in the U.S., to $4.00/gallon under Bush Jr and again as gasoline prices head back up to $4.00/gallon now in the United States.

We have our own divergent view of our nation and its place in the world~ the globalists whose sole cause is money no matter the attendant cruelty, merciless unemployment, and deadly poverty result to the majority, both in the United States and around the world, especially China where workers there are literally worked to death. And those of us
who will love our nation to our grave, revere those who came before us to build a great nation; those that sacrificed and the millions dead fighting WWII are living in a limbo nightmare.

A time Where culture, art, music, as well as math, geography and science were important in school. Where those with special talent were encouraged and nurtured. Where varying abilities were understood and learned at their own speed.

The very heart and essence of this nation for some reason unknown to me have been overtaken by a cruel, ruthless, egotistical, unkind brash bunch, like the ‘brooks brothers rioters’ in Miami, Fl election 2000. And a Presidential contender hangs his case before the US Supreme Court on the 14th Amendment~ due process clause of the US Constitution….the ballots were cast one way in one district and another way in another district therefore it was ‘unfair’.

This nation is too big so as to be governable and so diverse in native languages non European that communication among people often is impossible.

I pray for America every single night~ I pray that those in positions of power it is a fallacy to believe any single move by ‘the Fed’ will positively effect our economy significantly, but Congress could reinsert Glass Steagal back into the Emergency Banking Act as proposed and adopted by Franklin Delano Roosevelt for starters.

By: EagleDriver

EagleDriver — Wed, 12 Sep 2012 20:47:38 +0000

I believe from conversations with people all over the country (and other countries too) that the outlook is pessimistic at best if Obama is re-elected. It seems that there are some closet liberal who have drank the cool-aid and are now mindless zombies spitting out liberal talking points in which all common sense has evaporated.
There are too many people living off the government including a huge number committing fraud through false dependant reports and illegal alien fraud. We are no longer a sovereign nation except in name only. Vast areas have become low-income havens and sanctuary cities thanks to inept and corrupt legislators in California primarily.
There is no way to solve this unless we totally collapse and rebuild. We are too far gone to the left which is the road to oblivion. I wish you all well, the ones who deserve it and to the rest of you, you know who you are. We have created a country full of half human bipeds and lazy jelly fish. The rest are intelligent primates praying on the low-life’s by way of laws which they create for their own benefit. The umpires which keep everything in check have either become too old or corrupt. The ball busters and hope builders have been neutralized by the political correctness movement (liberal agenda).

By: brotherkenny4

brotherkenny4 — Wed, 12 Sep 2012 20:03:06 +0000

We live some of the most privileged lives man has ever known and yet we whine. Clearly, we are stupid to be made to see what a terrible time we live in, when in fact we have the softest of lives. Brainwashing I guess. The GOP is pretty angry about not being in power, so I suppose they have to convince us that things are bad. Sure, some people still suffer, but that’s mostly self inflicted. The information is there for them to use to improve their lives, they just refuse to believe it. They have other things they “believe” in. In the end however, everyone dies and so that is the result we all share. However beyond that, we have the possibility of an enjoyable life, as long as we have reasonable desires, and are not perverted by those that lust for power and wealth.

By: Nickolai

Nickolai — Wed, 12 Sep 2012 13:10:55 +0000

Our biggest problem is that the remedies being employed now have immense long-term side effects. Record deficit spending will doom future generations to a pseudo financial serfdom. Same thing with printing money. QE is going to produce nothing more than massive inflation across the board soon AND is robbing from our savings. We need solutions to our problems that do not put the pain component off for years or decades. We need to take our medicine now or more appropriately, go through our withdrawl symptoms now instead of postponing them. Eliminate public sector unions now. Reduce entitlement programs now. Slash the size of government now.

By: SayHey

SayHey — Tue, 11 Sep 2012 19:15:30 +0000

One short paragraph in this article by two distinguished economists almost says it all:

“The evidence simply doesn’t support the conclusion that governments can mitigate business cycle fluctuations through discretionary changes in aggregate public spending or even unconventional monetary policy”.

This is the truth most politicians cannot acknowledge, or perhaps even know. Stimulus (public spending) or QE 2 – 3 -4? (unconventional monetary policy) are at most marginal, maybe harmful. They do not and cannot address underlying structural problems.

By: nlcraul

nlcraul — Tue, 11 Sep 2012 13:19:55 +0000

11 september 2012 tuesday

this is what they say:

reuters.com opinion
the great debate
this economy could be as good as it gets
by thomas cooley and peter rupert /
september 10, 2012
“the best that we can expect with the tools
that the government has used”

all i can say:

“sir with high respect, this tools that the
government used is the one responsible in
all the negative developments that is
occurring, happening today.

kindly visit me at my facebook account:

thegreatdepression.part2@yahoo.com

no one until this day, that the trillions of
dollars used to save the u.s. economy is
still not enough. and piling more debts
to an already somber, bleak, frail economy
is very-very threatening, dangerous,
perilous. thanks’

please take care and God bless . . . . . . . raul

By: gordo53

gordo53 — Tue, 11 Sep 2012 12:19:00 +0000

This is yet another attempt to “paper over” the eurozone’s economic problems, albeit on a much larger scale than previous endeavors. With a few exceptions, European economies are in or heading for a recession. If you look at a graph of gdp over time, the downward trend appears to be accelerating. Ultimately, central bank easing will not return the world to prosperity. There are too many converging negatives including monumental sovereign debt and an aging boomer generation for which even the healthiest of economies is unprepared.