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created by: Mr Logic in Jax | Jul 30, 2010

Jacksonville, FL

12 votes

Has the Economy been Recovering?

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  • Yes
  • No
  • Unsure
  • Maybe
4 comments

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Mr Logic in Jax

“I have a Heart, Now Kiss IT!”

Since: Mar 08

11,919

Jacksonville Florida

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#2
Jul 30, 2010
 
IMHO, there has been no recover, but just less of a down turn.

On the up side, come January when all the Tax increases hit both America business and the America Taxpayers I am sure the Economy is going to take off like a wildfire in the Spring. ROTFLMAO!!!!!!!!!!

We are so screwed!!!!!! I just “hope” after taxes we will have “change”!!
Taxpayer

Jacksonville, FL

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#3
Jul 30, 2010
 
The economy sucks except for the people the new american economy is being designed for.
kckt

United States

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#4
Jul 30, 2010
 
It will take a steady 3% rise in GDP to keep pace with population growth. It will take a 5% rise in GDP to to reduce unemployment by 1%. So, in order to reduce unemployment to 7%, we would need at least 15% rise in GDP. So far, this month, GDP decreased almost 1% and is further eroded by projected debt burdens from Obamacare entitlements and the new financial "reform" bill. Pray that we don't get cap and tax on energy during this lame duck session. GDP will further slide and our ability to create (and restore) personal wealth will slide down the toilet with it.

Mr Logic in Jax

“I have a Heart, Now Kiss IT!”

Since: Mar 08

11,919

Jacksonville Florida

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#5
Jul 30, 2010
 
kckt wrote:
GDP will further slide and our ability to create (and restore) personal wealth will slide down the toilet with it.
As those in charge have planned IT!!!!

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