Comments on: Sputter to stall: U.S. economy dips into danger zone for recession

By: mmercier

mmercier — Mon, 01 Aug 2011 01:58:35 +0000

It will be a miracle if the US economy does not collapse before this turd of a President is removed.

If he is re-elected, things ceonomically will fall faster than anyone can immagine at this point in time.

If he is not re-elected, dozens of cities will burn, and there will be riots on the scale of the late 60′s early 70′s.

I do not have high hopes… Just a bussload of bullets.

Godspeed to all here and there.

By: JonTalus

JonTalus — Sun, 31 Jul 2011 22:48:52 +0000

It is July 31, 2011 and we have been in a 2nd recession since January 2011. Small business and consumers have not had confidence since the Preseident began his Keynesian spending spree. This is not a cycle but a long term structural change. Most cannot concieve of a long term economy that goes nowhere, hence they expect the economy to improve. It will not. So all this “debt crisis” talk is superfulous. Congress may compromise about the debt ceiling, but tomorrw the debt will still be there.

By: rvail136

rvail136 — Sun, 31 Jul 2011 18:14:49 +0000

Can we slip back into recession (from which thee great mass of Americans believe we never left…)…in a word:

Yes.

Rich Vail
Pikesville, Maryland, USA
The Vail Spot dot Blogspot dot Com

By: bearperney

bearperney — Sun, 31 Jul 2011 18:07:32 +0000

The stimulus didn’t help the U.S. because the means of production, i.e. the factories, are almost all overseas now.

Keynesian stimulation of demand in a country without factories is like a body builder eating a sugar cube; you get a flash of energy but zero growth.

So what is the answer? I don’t know, but, I have a pretty good idea of the future of the U.S. working class – depression number two.

By: RPUPTON

RPUPTON — Sun, 31 Jul 2011 16:56:46 +0000

Great news! With the impending downgrade in debt Obama has a great new excuse why the old stimulus didn’t work – onto the new stimulus!

By: DeeBee9

DeeBee9 — Sun, 31 Jul 2011 12:45:54 +0000

Note also that a major component of GDP is government spending, so GDP itself will be overstated when government spending is higher than normal. In other words, if the government borrows another $100 billion from China and hands it out to union buddies, GDP magically rises by $100 billion. The reality is we’re much worse off than the phony numbers indicate.

By: valwayne

valwayne — Sun, 31 Jul 2011 04:07:13 +0000

3 years of Obama, the democrats, and the most extreme left wing policies in our nations history, and where are we? 9.2% UNEMPLOYMENT, Record Long Term UNEMPLOYMENT, a 28 year high in the Misery Index, a Record number of People on foodstamps, nation destroying levels of debt, a stalled economy that looks headed back into recession, and the greatest example of Failed Presidential Leadership in the nations history. Obama has done everythign wrong and made everything worse. If only he had followed the Reagan example instead of joining whole heartedly in the failed policies of the extreme left! I think mosts of us new that massive growth in the size and cost of government, massive wasted corrupt speding, and record levels of borrowing and debt were the wrong things to do, but Obama assured us all would be well if we just let him spend and spend and spend, UNEMPLOYMENT wouldn’t go over 8%. What more can anyone say?