Re: Will the economy get better? -- The Rosewater Foundation, Rosewater, Indiana

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Date Posted: 05:40:40 07/20/09 Mon
Author: Jeffman
Subject: Re: Will the economy get better?
In reply to: Shirley 's message, "Re: Will the economy get better?" on 17:38:57 07/19/09 Sun

The economy will need to recover on its own. A second stimulus is just money down the drain. Ive said it before and its still true. True increases in manufacturing and hiring come with a consistant rise in sales. A one time stimulus is not going to do anything for the economy. Also, we need to start looking at whether we can afford to keep throwing money at this. We are close to 15% of GDP now.... Its not going to be long and we will be hitting percentage numbers closer to where we were during WW2.

Had the US not bailed out these corporations and allowed them to fail, we would be well on our way to a 'real' recovery.

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Replies:

Actually, I kind of doubt it -- Paul Davis, 06:04:15 07/20/09 Mon
- Re: Actually, I kind of doubt it -- Shirley, 06:45:47 07/20/09 Mon
  - Re: Actually, I kind of doubt it -- Jeffman, 12:35:16 07/20/09 Mon
    - Re: Actually, I kind of doubt it -- Shirley, 18:41:35 07/20/09 Mon
- Re: Actually, I kind of doubt it -- Jeffman, 12:33:52 07/20/09 Mon
  - Re: Actually, I kind of doubt it -- Paul Davis, 19:11:29 07/20/09 Mon
    - Im a bit more optimistic than that -- Jeffman, 07:49:30 07/21/09 Tue
      - Well, here's the thing -- Paul Davis, 12:43:42 07/22/09 Wed

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