Author Topic: economy not getting better in my eyes  (Read 413 times)

0 Members and 1 Guest are viewing this topic.

Offline 3006softpoint

  • GBO Supporter
  • Trade Count: (28)
  • Avid Poster
  • *****
  • Posts: 126
economy not getting better in my eyes
« on: August 10, 2010, 04:46:12 PM »
Hard times still ahead for manufacturing! A stainless steel plant laid off 15 last week in are area! More people heading to the soup line! Me and the wife happy to have a job! Are raise this time around looks like it  will go for union dues, health insurance hikes so we are looking at $.07 in the hole  per hour after all said and done = less money in the check! but still have a job! Welcome to are government hidd depression//// not recession!   2007-?

Offline Brett

  • Trade Count: (6)
  • Senior Member
  • *****
  • Posts: 5148
  • Gender: Male
Re: economy not getting better in my eyes
« Reply #1 on: August 11, 2010, 04:00:52 AM »
Wait, you got a raise?  :o 
Life memberships:  <><, NRA, BASS, NAFC

Offline jimster

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 2237
  • Gender: Male
Re: economy not getting better in my eyes
« Reply #2 on: August 11, 2010, 05:51:19 AM »
Your right, it's not getting better, due to the policies put in place by both feds and some states, it's not going to either.

Kind of hard to spend 600 billion tax dollars you never had on 600,000 governmet/or tax payer held jobs (most part time jobs) and get that to pan out. It can't work.

Next thing you'll hear is their fix will be to flood the market with even more money from the printers...cause they are too stupid to do anything else...and that will make sure inflation hits us like a ton of bricks.

Not hard to figure what they will do next, everything they have done is predictable.  Spend...tax...print money, spend, tax, print money...government grows, private sector shrinks.

Economy is not hard to figure out, it's impossible for government to create any jobs, all they would have to do is get out of the way and stop spending and printing money, lower the tax rates on everyone, not only would things get better, the government would take in more money in the end as well. IRS claims they took in the most amount of money when taxes were cut...gee...I wonder why.

The current bunch of people in charge had an economic plan that failed, they were defeated, they put in motion policies that made things much worse...but even though their theories have been defeated, they are still in office you will see them double down on bad policies very soon...and things will get twice as bad soon after.  What this means is they would rather ruin all of America than admit stupidity and defeat...and that will cost us dearly.

Offline Redhawk1

  • Life time NRA Supporter.
  • GBO Supporter
  • Trade Count: (78)
  • Senior Member
  • *****
  • Posts: 10748
  • Gender: Male
Re: economy not getting better in my eyes
« Reply #3 on: August 11, 2010, 06:03:37 AM »
It is getting worse, I have now lost 60% of my business. It looks as if it is going to go down even further.  >:(
If  you're going to make a hole, make it a big one.
ΜΟΛΩΝ ΛΑΒΕ
Only two defining forces have ever offered to die for you,
Jesus Christ and the American G. I.
One died for your soul, the other for your freedom

Endowment Life Member of the NRA
Life Member NA

Offline mauser98us

  • GBO Supporter
  • Trade Count: (40)
  • Senior Member
  • *****
  • Posts: 1565
  • Gender: Male
  • 10 mm junkie and Whelan wacko
Re: economy not getting better in my eyes
« Reply #4 on: August 11, 2010, 06:26:22 AM »
Nobama sez it's getting better. Who you gonna beleive your situation or our man-boy prez?

Offline gypsyman

  • Trade Count: (1)
  • Senior Member
  • *****
  • Posts: 4850
Re: economy not getting better in my eyes
« Reply #5 on: August 11, 2010, 09:11:13 AM »
My opinion of this economy, is like tracking the depth of water off the continental shelf. It's stays the same,might come up a little, but then you fall off into the abyss.
And, when that happens, to late to go back. gypsyman
We keep trying peace, it usually doesn't work!!Remember(12/7/41)(9/11/01) gypsyman

Offline Dee

  • Trade Count: (2)
  • Senior Member
  • *****
  • Posts: 23870
  • Gender: Male
Re: economy not getting better in my eyes
« Reply #6 on: August 11, 2010, 10:09:35 AM »
Well, I was off 8 months, and got a job that paid good. For three weeks, and the company shut down. Now I have another job that looks better and more steady. It has been a bad year here, and for every job, there are hundreds of applicants. BO had better step things up on the job thing. I think he might be lyin. ;D
You may all go to hell, I will go to Texas. Davy Crockett

Offline Dixie Dude

  • Trade Count: (6)
  • Senior Member
  • *****
  • Posts: 4129
  • Gender: Male
Re: economy not getting better in my eyes
« Reply #7 on: August 11, 2010, 10:21:58 AM »
Wife heard bad news today.  Feds want central bank to buy up the government bonds.  Well, that is like borrowing from yourself.  It will cause inflation, like printing extra money.  So, the stock market goes down.  China's economy is almost on the brink.  About half of their businesses and industry is late on their bank loans, so their banks are on the brink of failing.  That means, they may want to cash in the bonds they bought from our government, about $1 trillion worth.  Japan has about $1 trillion also.  The feds can go bankrupt, then there will be no welfare, no foodstamps, and no military.   

Offline Dee

  • Trade Count: (2)
  • Senior Member
  • *****
  • Posts: 23870
  • Gender: Male
Re: economy not getting better in my eyes
« Reply #8 on: August 11, 2010, 11:09:48 AM »
Yep! It's a sunny out look ain't it?
You may all go to hell, I will go to Texas. Davy Crockett

Offline Pat/Rick

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 1935
Re: economy not getting better in my eyes
« Reply #9 on: August 11, 2010, 11:31:32 AM »
The fed failing would be the straw that broke the back. An end to gooberment checks, food stamps, AND SS checks? What would happen? People would want their retirement now so would there be a run on the banks to cash out 401's, money markets, etc?

Offline Dixie Dude

  • Trade Count: (6)
  • Senior Member
  • *****
  • Posts: 4129
  • Gender: Male
Re: economy not getting better in my eyes
« Reply #10 on: August 11, 2010, 11:39:21 AM »
Also heard that many companies have money and cash in their bottom lines.  They do not want to hire because they are unsure of the taxes, especially the extra taxes for health care.  They are waiting out Obama, hoping to get conservatives elected this fall to gut the health care bill, and try to stop and cut down on spending, then you will see the economy start to improve.  Even the socialist European nations told Obama to cut spending if he wants the economy to improve.