weswelker#83

The US survey revealed that 80 percent of Americans think that their country is moving in the wrong direction.

http://www.infoniac.com/news/80-perc...ong-track.html

BelichickFan

Given the way they are constantly battered mentally by the media I'm not surprised. I'm as optimistic as any and, yet, I still struggle to wade the the negative crap at times.

weswelker#83

Here is the situation :
we ve been told from 2000 to 2006 , everything is beautiful , we doing great . The subprime problem exploded at summer 2007 , since then , we realized things are not that beautiful as told .There was a mismanagement for years , things were not allright for a while.

BelichickFan

Things were alright. The subprime "explosion" was nothing more than irresponsible people (and, yes, stupid lenders) getting what was coming to them. Rule #1 - if you can't afford it, don't buy it. Didn't we learn that in Junior High with our allowances ?

scout

Are all you people in denial? The government just bailed out Bear Sterns. Many think had they not there would have been catastrophic events. Today, the third airline company just went belly-up, I know, mismanagement again. In some cities, every other house for sale is a foreclosure, those damn flip-flopper's. A great % of our high schools, the drop out rate is 50%, some as high as one in four. Gee, they sure don't value their education. After all, No Child Left Behind has given these kids some great education. At least we should have some moral victory comin soon in Iraq.

BelichickFan

OK, bud, show me a CITY where half the houses are in foreclosure. Good God, man. Dropout rate ? Is someone MAKING them drop out ?

DarrylS

Watching the news the other day, and they were talking about Bernanke and his confidential reports.. apparently the news is even more dire than we know, but of course the MSM is blowing all this out of proportion as the dollar slides and the trade deficit increases... most economists are calling this a recession..

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BelichickFan

Regarding the "confidential reports" that's a constant contrarian argument - that the fed/government is doing things for reasons we don't know. It could be true, probably isn't. But you hear that all the time.

On the "recession" most economists are saying is feels like a recession but the numbers just don't support that yet. Maybe the will, as numbers showing a recession are lagging numbers. On the upside the stock market is a leading indicator (because what we understand about the economy is kindergarten to their grad school) and although it's still down it's rallied nicely off the bottom - if that holds then the "recession" will either not happen or be mild and brief.

Fogbuster

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Don't forget where we've heard that number before: 80% of Americans ALSO say the Congress -- Democrat controlled Congress -- is no damn good. The Congress had a 19% approval rating only a couple of months ago. So, of course 80% of Americans are dissatisfied with the direction of America. Aren't we all!!!





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