Royal CaribbeanA's earnings sink 98 percent

"Considering that they make MOST of the money on these boats by charging for anything and everything, maybe if they start to lower the prices A LOT, maybe people would consider a cruise, although in this economy the last thing any smart person is spending money on is a vacation."

Only someone not trained in econmics would think this way they way to recover from recsessions and depressions as proven by Kaines is to encourage more spending. This affects the money multiplier effect when people horde money it takes it out of the economy and screws everyone else. So the lesson is spend more to save the economy not save money to screw the whole. For more on the money multipler effect take an econmics course. the more people spend and the faster they do it the more someone else can thus making everyone better off.

Redneck Republican wrote:

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Thank you! I was going to remind the crackhead of that very fact! He needs to take an economics class or 2!

You mean a poli sci class economics is different but close good try

Have to say wrote:

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You have to be the MOST UNEDUCATED person on these boards ! The Liberals are the cause of all of this ! Get it ? No you don't. Lower the corp tax rate to 15% and watch the economy bounce back in 6 months ! Your Liberal president and Pelosi are about to pass a bill that will sink our economy ! The republicans can't drill to creat jobs... They can't lower the corp tax rate because of the liberals ITS ALL THE LIBERALS DOING ! Liberals are the CANCER of the UNITED STATES !

Liberals are not the only problem both republicans and democrats love to spend money now and not in proper ways. Obama spending is goign to be infrastucture rebuilding which if you know your history is one of the thing that got us out of th great depression. Not only corp tax needs to be lower but most enviromental laws need to be reppealed all enviromental laws hurt business if it was profitable then businesses would be doing it anyways. if it is not profitable then they are force to with a law

Jobs are being lost by the millions,home foreclosures are steadily rising. So why is it news that fewer people are spending for vacations? The way things are going, the banks will start foreclosing on those giant new cruise ships.They can turn them into homeless shelters.

T the economist wrote:

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Liberals are not the only problem both republicans and democrats love to spend money now and not in proper ways. Obama spending is goign to be infrastucture rebuilding which if you know your history is one of the thing that got us out of th great depression. Not only corp tax needs to be lower but most enviromental laws need to be reppealed all enviromental laws hurt business if it was profitable then businesses would be doing it anyways. if it is not profitable then they are force to with a law

Should we not inspect for salmonella?

Should we not grow our food in clean soil?

The Democrat Way wrote:

Do I smell....BAILOUT, BAILOUT, BAILOUT....

LOL!!!!