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US Consumer Confidence Hits New All-Time Low
- Thread starter mrplunkey
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mrplunkey
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It's still far better to face reality and deal with it.
bakemeacookie
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I love the media. Some outlets report jobless claims down, recession over, dollar imporoving, blah blah blah. Then others report doom and gloom.
They really need to get together and hvqae a meeting and hammer this shit out hahahah
(hint: according to national debt, ui numbers and dollar's value it's NOT over)
c
They really need to get together and hvqae a meeting and hammer this shit out hahahah
(hint: according to national debt, ui numbers and dollar's value it's NOT over)
c
Did you really just post a link from October 2008 whining about consumer confidence? When Bush was still in office? Seriously?
Word I know in Canada it is picking up.
mrplunkey
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What drove me to make the post was a recent new low in consumer confidence, but I did an additional Google search trying to find a liberal whack-o source so the lefties would believe it.
mrplunkey
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The world is pulling out of it. The US is going to lag behind most others.
PICK3
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I've pulled out of it before.
Hmm not sure about that the normal trend for Canada is the US pulls out and we follow behind about 6 months later. The truth on consumer confidance will come on black Friday.
Surely the Oct '09 results are out there somewhere, likely just as bad.
I feel good about some things (job security, 401K) but I didn't get a raise this year and I expect next to zero Xmas bonus. I think it'll be next summer before things really pick up but afaik everyone said it would be that long from the very beginning. I don't see any reason to freak out now. Trains and cruise ships don't around on a dime...neither does the economy.
neither do the asses we chase, rob
PICK3
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mrplunkey
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I saw people arguing today on the news whether it cost $94,000 per job or $250,000 per job.
Is this what we've been reduced to?
mrplunkey
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The underlying problem is that the jobs aren't going to come back. The problem we need to be working on is how to create real, strong economic growth and that can only be done by the private sector.
Here's the thing. The stimulus is exactly what the Republicans would have done...and in fact did to the tune of $700 billion, which was really $825 billion. They would have done much of the same corporate bailout stuff Obama is doing...just without the healthcare. I would have been fine with Healthcare if not for the war and recession. Right idea, wrong time.
mrplunkey
New member
Some parts of the pork package were legitimately debatable (i.e. extending unemployment benefits). But a huge portion of the stimulus is a roll-up of all the social pork programs Bush & company had been fighting for nearly a decade.
And you're absolutely right about the bail-out mess. Bush is responsible for ordering that happy meal of horseshit and then Barry supersized it.
And healthcare is an even bigger disaster. There are so many good things you could do to imporove the system -- and Pelosi & crew have done a great job navigating around every one of them.
Why do people refer to him as Barry? I don't get it?
mrplunkey
New member
He went by Barry his entire childhood and adolescent life. It wasn't until he saw political opportunities that "Barack" was put into use.
kx250rider
New member
We have a LONG way to go before the economy gets better. Still too much greed; everybody wants free money, and people expect the government to pay off their houses and give all kinds of free handouts. News flash: The money's going to run out soon, and people will have to face a cold, hard truth: There isn't any free lunch, and we all pay, whether now or later. And the later, the colder, the harder. All these bailouts are just band aids on a cracked dam. The dam's going to have to fail, and the water will have to run out before we can rebuild the dam. The bigger the band aids that the government puts on, the more pressure the rising water creates.
Charles
Charles
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