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I'm Glad Somebody (the president) Thinks The Worst Part of The Recession is Over

C

CrimsonChuck

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Nov 15, 1999
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ValuJet said:
Home Prices Drop Again

Gas Prices Continue Heading Up

9.4% Unemployment? Hardly.

43 Million on Food Stamps

Middle Class Hurting

We need an optimist for president. Kudo's to him for that. But we also need a president who's based in reality. Parting words "The state of the union is good" didn't leave me with the warm fuzzies.
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It is definitely better than 2 years ago at this time. I know people who were stuggling to get a job for awhile, and just recently found one. We still have a long way to go before we are out of the woods, but we are going in the right direction.
 
CharminTide

CharminTide

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RogueElephant

RogueElephant

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Mar 15, 2007
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CrimsonChuck said:
It is definitely better than 2 years ago at this time. I know people who were stuggling to get a job for awhile, and just recently found one. We still have a long way to go before we are out of the woods, but we are going in the right direction.
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No it's definitely not better than 2 years ago in Southern Cal. .
 
Bamabuzzard

Bamabuzzard

FB Moderator
Staff member
Aug 15, 2004
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Where ever there's BBQ, Bourbon & Football
Not sure if the tax cuts are to blame or the billions upon billions we give away to other countries at everyturn and the billions we waste on social programs that are being sucked off of by people that have no business on them? Or have we just decided these monies don't count anymore? Let me keep more of my money and I can assure I'll put it back into the economy without me being forced. But you know, the government knows how to use my money better than I do.

I'm not sure we're going to see "better days". I think we've seen or are starting to see the last of "good paying" factory jobs. They're being replaced with $10-$12 per hour employees with less benefits. Also, there are millions of people having to accept jobs that are outside their field just to make ends meet. A lot of this is to do with company's downsizing or moving jobs overseas. But the jobs these people are taking more than likely are less paying jobs. So as discussed in other threads over the years, that family with a $20-$28/hr wallet now comes in (if that come in at all) with a $10-$14/hr wallet.
 
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AllTide

AllTide

2nd Team
Mar 9, 2006
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Just wait untill $4.00 + a gallon gas and see what that does to not only our economy but the world in general. Folks I'm afraid we have not seen the worst yet.
 
AllTide

AllTide

2nd Team
Mar 9, 2006
314
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RogueElephant said:
Here in LA we are at 3.30 for regular and 3.55 for super premium give or take a cent or two.
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Here in North Alabama regular $2.95ish, diesel $3.35ish. I have a buddy, who's family runs a small oil distribution company along with 5 or 6 convience stores, he says regular will be greater than $3.50 a gallon by the start of summer.
 
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It's On A Slab

Guest
Not over, but signs of recovery. Dow hit 12000 today. Unemployment was going up when the new Admin took office, and seems to be headed downward.

Glass half empty/glass half full.
 
twofbyc

twofbyc

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Oct 14, 2009
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It's On A Slab said:
Not over, but signs of recovery. Dow hit 12000 today. Unemployment was going up when the new Admin took office, and seems to be headed downward.

Glass half empty/glass half full.
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i don't pay any attention to the Dow (in regards to the state of the economy)...I watch Starbuck's. Every store around here is booming, with parking lots full all day long.
 
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