what do you think about state of us economy?
106604
The Economy is fine. people need to take into consideration, where you live is going to affect your economy, BIG TIME. I used to live in Stafford,Virginia. We have over 100,000 people there. There are jobs everywhere you look, I know a few folks who have multiple jobs. \n\nBut, Now I live in Wisconsin with my husband. It's very hard to come by a job. The reason the economy isn't near as good in the area I live in, is because it's smaller, and colder. ( Yes, weather does affect your economy. )\n\nMy mother grew up in Idaho, and she said every winter the factories had to lay people off, because they had higher heat bills, and they couldn't afford employees and the heat bill. True, this is true.\n\nAlso, If you don't have many businesses, of course you won't have as many jobs...and where I live, there aren't many businesses, at all.\n\nSo, Again. I don't think our economy is as bad off as you think. Our unemployment rate is down under 6%. Europe's is 11%. So, why are we complaining?
807049
You have to take into consideration that the U.S. Gov. compares its stats with the time of the last two economical depressions we have had in this country, which I believe was around 25% in the first on and 80% in the second. Then look at the fact that the population has grown, yet the if the percentile  has not fluxed then to them it have been a good season, the progress has been good  to those who apply and get more than one job. You may see it as neutral but growth and employment on the rise, it is positive.\n\nSince America in itself is the "strongest, stable, etc." nation in the world, they are their own template to have comparison to. I can honestly say, there is no other nation in the world that can compare to us in this arena. At least that is what I have observed and studies.
792473
HELL YES!!!  \n\nWhat planet are these people living on who claim that Bush has improved the economy?  The economy began taking a turn for the worse with Bush's first tax cuts for the wealthy.  We've been on a downward spiral ever since.  The economy was booming while Clinton was in office.\n\nThen again, maybe I'm mistaken and the moon really has turned to cheese.
779344
This is indeed a "booming economy".  I have heard the people of Haliburton say it a number of times.  Seriously, I am tired of people trying force feed us that the economy is doing so great.  It is not.  There are a number of problems with it.  Here are just a few.\n\n\n a one trillion dollar war\nout of control spending in government\nrecord numbers of foreclosures\ncollege tuition and health care costs doubling\n20% of Americans owning 80% of the stock\nrecord deficits in spending\nnational debt doubling\ntrade deficit every year for the past 30 years\nmillions more in poverty every year\nhalf a trillion dollars a year spent on interest this year on \nnational debt. yes, that was just the interest.\n"real income" down each of the last five years\npersonal savings at an all time low\n\n This doesn't sound like America.  Unfortunately it is.
649738
Mr. Rogers (jrogers) obviously doesn't understand economics. The US economy has very serious structural problems that the Fed nor the American people can fix easily. If they do without some kind of crash, it will be a long and financially painful process for all Americans. Some of the problems are - National debt, government debt, dependence on oil that has limited supply, negative savings rate in 2005 (first time since the Depression) = weak dollar, inflation...the list goes on. \n\nChina will have economic struggles when the US starts falling apart as the US is China's largest buyer. But in the long-term, China has a much stronger base and will still be able to maintain growth throughout US decline as their local consumer market matures. \n\nThis is something that could have been predicted 10-15 years ago. We are now in the middle of it. Wait 20-25 years and you will see the US struggling to hang onto the last vestiges of it's once great and formerly the world's largest economy. Large strong economy + military/political might = Superpower.
605826
Reaganomics can be good in very short doses. As much as it helped out big businesses, it also hurt the economy immensely during the inevitable downswing. Personally I feel there needs to be a more moderate, balanced approach. Reagan's style was way too extreme for the good of the country. Yeah, having a larege economic boom is good, but if it comes with a equally large recession, was it worth it? I'm not against conservative politics, but Reaganomics will ALWAYS lead to large recessions. That's why I don't like it.\nThe Clinton/GW Bush recession was very small because Bush had a surplus to cushion the blow.
1137734
I hadn't thought about that. But then I live in small town, USA so the crime rate is small compared to the rest of the country. But it is a valid point - and I can see that. \n\nBut the main thing I'm worried about is a recession.
212278
The Budget Deficit is only one tiny little part of the whole debt problem the USA, and by extension the rest of the world, faces in the very near future. Yes, I realize I am saying a lot when I refer to our colossal deficit as tiny.\n\nThere is a monstrous deficit in the amount of repairs and improvements to our infrastructure that has been tossed about since the 1984 election that no one has really taken care of. Our local water systems are collapsing, and privatization has only made the problem worse. We are not working on improving our ability to complete interstate commerce upon which our economy depends. The multi-state black-out caused by a lightning strike should have been a wake up call, but if people don't care that you can't drink the water out of the kitchen sink I guess we have a ways to go.\n\nWhile we have the highest number of homeowners in our history, far too many of them are using the equity to extend the self-delusion that they are still in the middle class. This is why you see so many commercials of how neat it would be to mortgage your home to 125% of the value and take that vacation, just like the rich folks do!\n\nUnsecured debt and the resultant explosion of bankruptcy is going to plunge a large part of the population into a situation where eventually they will never be able to buy a car outside of the Trading Times and never have a chance of opening a business except a MLM nightmare.\n\nWe are allowing our growing need for energy to outstrip our ability to supply it even with foreign and unreliable sources. We are allowing a future without adequate education and job skills because of apathy on the part of parents and short sightedness of multinational employers. The list goes on and on.\n\nLets face it, the future is going to be a cold, dark and nasty place. Let's hope we're dead and buried long before it gets here.
219675
First of all, what info are u getting making u believe the U.S. is faling behind on everything?  Sure we're falling in some categories but at the same time we're leading is many others.  This quesiton is too general.  Be more specific.
253383
Recent employment data suggests that we are nearing full employment. This last occured in 2001, just before the air was let out of the economy. Before that, we were teased with near-full employment in 1996. \n\nWhere our economy goes depends on how interest rates are played. If they are allowed to continue rising, as they should (offset inflation), we'd still be below historical levels and economic growth would slowly decline. If they are held static or are somehow reduced, further economic activity would occur, which would overheat our economy. Either way, I see us nearing an apex. \n\nThe question is whether that apex is relatively small or large in scale to the economic growth we experienced since 1996. \n\nWho's to say. \n\nBut if all you're asking is whether we're in a trough or peak right now, my guesstimate is peak.
395601
1. Got into a senseless war with Iraq.\n2. Sent all the good jobs overseas.\n3. Imported workers from India to replace Americans in High Tech jobs.  Computer engineers and programmers cannot find work in the US.\n4. Planning on importing more illegals to replace Americans doing lousy jobs.\n5. Threatening to go to war with Iran over nothing.\n6. Transformed the US from a superpower into a second world nation.\n7. The dollar is at an all time low and is now currently worth about 3 gold standard cents (The value of a dollar in 1970 was 100 gold standard cents.)\n8. Caused the US to lose the respect of the world.\n9. Got us into excessive debt.  China owns about 60% of that debt.\n10. Reduced the US economy to rubble.\n11. Faked unemployment reports - they only show whos collecting unemployment and not whos really unemployed or UNDERemployed.  After 6 months your counted as employed even when your really not.\n12. Eradicated the middle class.\n13. more...\n\nPeople who say that he is a good president are usually on the public paycheck somehow.  People like teachers, policemen, mailmen, etc.  - or their kids.
265552
US economy will increase with following advantages:\n\n1. Fine of 2000 dollars for two million people.  Lot of money!!\n2. We will get tax for last five years, and also for next ten years.\n3. Price for apples will stay same.  Price to cut grass will stay same.  Home prices (construction) will stay same.\n\nRepublicans argue that what is the gurentee that another million will not come to US?\n\nI want to ask them what is the gurentee that woman won't be raped after imposing tough laws?  what is the gurentee that murder won't happen?\n\nIf god can't give gurentee of that, who are you to ask for alien's gurentee?\n\nBackground check must be done to identify criminals.  US has more advatage that aliens.\n\nGuest-worker is a good program, but conservtatives want votes, so they will never approve it.
644443
Our economic policy is Nixonomics (Keynesian policy), so you can imagine that the result will be pretty much the same.  I expect inflation (currently observed in prices for both housing and raw materials like oil and metals), and over the longer term, some weakening growth (recession). In the days of Gerald Ford, it was called stagflation.  If we elect a responsible leadership that can control spending, we might be able to turn things around and forestall that slowdown, but sadly, I just don't see that happening.  Very few politicians on either side of the aisle are talking about responsible spending these days.  (OK, maybe they're talking about it, but they're sure not DOING it.)
756149
Economy isn't working for Bush because the media puts their spin on every story they do on the economy.\n\nCheck this out:\n\nThe number of jobs increased between April 2005 and March 2006 not by 5.8 million but by 6.6 million.\n\nThe federal budget deficit has been cut in half in three years, three years faster than George W. Bush called for. Why? Tax receipts were up 5.5 percent in FY 2004, 14.5 percent in FY 2005, and 11.7 percent in FY 2006. That's up 34.9 percent in three years. And that's after the 2003 tax cuts. When you cut taxes, you get more economic activity, and when you get more economic activity, the government with a tax system that is still decidedly progressive gets more revenue.
497744
Here are the facts the media and Democrats don't want you to know:\n\n* Consider the CONSISTENT 4.7% unemployment rate - lower than the average for the 1960s, 1970s, 1980s and 1990s.\n* Inflation has been held under 4% and has been as low as a little over 1% in every year this decade. Compare this with the double digit inflation of the 1970s.\n* Jobs are being created by the hundreds of thousands per month. 200,000 jobs created in March and 130,000 jobs created in April.\n* The stock market is doing fantastic! My own retirement fund has grown by 80% in the last two years - thanks mainly to international funds and small cap funds. Small caps are generally newer startups.\n* The consumer confidence index is at 109.6 ... the highest it has been since it was 110.3 in May of 2002.\n* Housing starts are up 6.9% over March of 2005, and housing finishes are at 23.4% over March 2005 rates.\n* Retail sales are up 7.9% over March of 2005.\n* Tax revenues are up to $2.052 TRILLION dollars for 2005. Throughout the 1990s, the average tax revenue for any given year was only $1.5 trillion. The lesson is lower taxes = more economic expansion = more real gains in tax dollars.\n\nEach of these statistics is verifiable fact. Let's see how many liberals call me a liar. Should be interesting.
822028
America.... unemployment 4.7% and falling\nGermany...unemployment over 10% and rising\n\nNot to hard to choose...
975914
In my opinion the Federal Reserve monetary policy has been lagging what is going on in the economy for the past decade.  The economy has been cooling a bit over the last several months following strong growth driven by President Bush's tax cuts.  Starting early in 2004 there has been strong demand for commodity products particularly in China and India.  This has put some upward pressure on prices.  This pressure was aided by the high prices for petroleum.\n\nI think that BB is making a statement in reaction to this.  \n\nOver the past few months petroleum prices have dropped, the housing market has tanked, holiday consumer demand so far is weak, etc.  All these are deflationary.  So, once again the Fed has it backwards.\n\nThe economy will be fine so long as the Democrats don't start raising taxes.  If this happens we will rapidly move into a recession.