Reply With Quote
bush's bailout is the only competent thing he did.
Well, we are still in for a rough ride I think. May's consumer confidence was 49.3, and July dropped to 46.6. Consumer confidence play a big role in recovery. People get tight with unnecessary spending when they are not optimistic of the future. This is one reason why I blame democrats for the mess we are in. Years ago, pundits kept telling us how the economy was bad. That hurts consumer confidence.
We had a declining economy after Y2K. The tech and internet markets bubbles popped. We had 9/11. Republicans and congress gave us a tax cuts, and the economy started to soar again. Then the leftists pundits did all they could to kill consumer confidence, and they finally seceded with help of the housing market bubble popping. Now, with all the record social deficit spending, consumer confidence may never be that same. People realize that social programs, once implemented, don't go away like war time spending.
Warning... The above is my opinion based on absorbed information and the Forbes article Buying Opportunity Of A Lifetime.
Anyone else go "Bottom Fishing" in the stock markets? Several experts say the stock markets will return long before the jobs here do. Maybe we will have good consumer confidence in a couple years, but not if Nobama and the demonrats gets their way.
Here's another example:
I hope you "Bush Bashers" notice that consumer confidence started dropping a year before president Bush was in office. That's because the recession was not his fault! It was the end of the Y2K scare. Now if leftist pundits didn't continue to lie, saying the economy was bad when we actually had growth and consumer confident, then I wouldn't give president Bush a break. The truth is, the confidence was thwarted. Impossible to say to what degree, but it was. The housing market bubble bursting only affected the idiots who invested for profit. Without the scare of the economy already in progress, I will contend that it would not have cased the panic it did.
Here's an interesting explaination of Consumer Confidence:
What You Should Know about the Consumer Confidence Index
bush's bailout is the only competent thing he did.
How can you be a business owner and want to pay higher taxes?
you don't realize that it's bush conservatives and giant corps that have kicked you in the balls, all the way to today.
the last thing you should do is jump on bush for the bailouts. he had to. it's the only thing he ever did right.
i heard on the news that many economists say the recession is almost over or is over.
with help of the housing market bubble popping.
not an answer to the question in sight.
actually i would like for clambake to answer that. i always like hearing from people that are going to be affected.
The problem with your exposition is that you cloud it with partisan cheerleading. You try to force your hand and opinion instead of letting the readers reach their own conclusions.
I honestly fear the big corporations. Still, the way we regulate them is wrong. I think we should tell them, they cannot buy compe ors if it gives them more than a 20% (or some other reasonable number) market share. I say that corporation that grow to 33% (or some other reasonable number) market share, must be broken up, like AT&T was in the past.
This idea of "Too large to fail" is really troublesome to me. I wanted to see this fat-ass companies fall on their knees. There were plenty of smaller companies to take their place, who had practical business models, and didn't get in trouble. The extent of my idea of a bailout was to guarantee financial backing to the companies that did it right, so consumers could still get loans.
I say this was the worse decision president Bush made.
I like to also, but because of the nature of his past posts, I think being a business owner, and driving a nice Mercedes is in his dreams, and not reality.
Yes Clam, I could be wrong, and I apologize if I am. I just don't buy it.
Tell me which pundits derailed the economy and how.
Were you asleep?
It was everywhere a few years ago. My recall of names and association is not good. Look it up yourself if you want that answer.
Not good enough.
You made a ing graph with your contention that pundits ruined the economy, now prove it.
Perhaps higher taxes will improve security in my community, thereby increasing my business's appeal and accessibility...
i honestly think president bush did this strictly to save face. i don't think he honestly felt it was the right thing to do, but did 'cause obama wanted it. he'd been crapped on for almost both his terms and just wanted to gain some people's "respect" or decrease the hatred towards him. i really don't blame him for feeling that way. he looked very tired towards the end of his presidency.
Oh please. The reasons are pretty simple. He did it because his party wouldn't have EVER recovered from a complete collapse of the financial system.
There are real world example of what happens to parties when they're part of such a violent collapse.
I think his Ayn Rand disciple economic advisers and cabinet members their pants and the thought of what would happen if the government did not intervene in a big way and relayed that information to Bush, who acted accordingly.
taxes improve security?
how do you mean?
Better funding to the local police?
???????
so higher taxes on a business owner is good 'cause policemen will be well funded and that, in turn, will bring more business.....
is that what you're saying?
It's ElNono's communist mentality. If he wanted to increase local security, he could donate to the police department, enough to hire another police officer, and specify there is always a minimum level of police presence in the community.
Communists and socialists believe in doing things with "other people's money" rather than putting their money where their mouth is.
Sure. Better funded police, lower crime, better community, more appeal to businesses. Look no further than 42nd street in New York City for a working example.
It's ONE scenario where it would actually be beneficial for the business owner.
That said, I don't claim it applies to EVERY scenario, but it certainly satisfies the OP's question.
You're expecting ElNono to donate $40,000 a year to the police?
So you don't expect to receive state services for the taxes you pay??? Why do you pay taxes in the first place?
Why don't you take justice in your own hands, and see how that works out for you?
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
