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Poll Comments
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Do you think the United States is currently in a recession? [199 votes total]
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| Yes (106) |
 53% |
| Not yet, but probably will be soon (49) |
 25% |
| No (23) |
 12% |
| I don't know (21) |
 11% |
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Posted By: Don the Norski
Posted On: 1 day ago
Views: 72
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Seeing through the fog
George has a good point. There's no way a single wage-earner could
afford a home here unless the salary is double the mean wage. Numbers
don't lie, but a good statistician can make them say whatever you want
them to say. There're definite downward trends, such as housing market,
new homes, lost jobs, unemployment gains, and of course the banks.
We're taught and conditioned to be accustomed to a standard of living
that costs more than what a generation or two ago had. For me to buy a
new car would be unheard of! But, I have DSL for my computer. And I
have a cell phone. Together that's $80. Add to that the other few
luxuries I allow myself and my son, and there's room to cut -- but I'd
go MAD, I say!
MTS, maybe some of that "doom and gloom", and the reality that it is
based upon, is better than the "Alice in Wonderland" outlook that we've
been fed for the past seven years. War is good - peace is bad. Wrong is
right - right is wrong. Maybe recessions are good for the country, too!
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Posted By: mts
Posted On: 2 days ago
Views: 138
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recession
I don't know if we're in a recession - but if we aren't, the liberal
media may very well create one by making people believe we're in one
through their sensationalist "doom and gloom" reporting. Especially as
long as a Republican is in the White House, it is to their political
advantage to talk down the economy in order to give Democrats an edge in
the elections.
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Posted By: George
Posted On: 2 days ago
Views: 208
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recession
Only those folks who watch CNN and CBS are brainwashed into believing we
are in a resession. Sure housing sales are down. Records were set in
05 & 06. That pace could not be maintained. Housing prices had to
drop. The middle and low income were priced out of the market.
Remember, WHAT GOES UP MUST COME DOWN> It's only an adjustment.
Just look at the parking lots at the stores and resteurants. Look at
the traffic. I see no difference.
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Posted By: Dick
Posted On: 2 days ago
Views: 216
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recession
This RECESSION is AGRESSION to my nestegg. That, in turn, causes
DEPRESSION in my mind. This is a bad time to be in "early retirement."
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