Why not to expect recovery anytime soon - discussion on Facebook
The Economist has
published a provocative article on Why not to expect recovery anytime soon. In
Facebook an interesting discussion happened on this theme...
The article is here...
The discussion follows:
John Clifford Jobless recovery - if it's not already the stated example
in the dictionary for oxymoron, it should be...and while they're at it, urban
Gabe Seif The Dow closed at
~13,3xx today... The "economy" is doing fine, the "trickle
down" is what is lacking.
Prince Asad it does not seem
possible in recent times
Emir Kulovic As the old
saying goes, "don't spend what you don't have". We'll see.
Jay Ce So, is The Economist
"betting against America", (as VP Joe Biden put it last night,) or
just reporting the facts? Probably neither.
Tariq Reddy man.. i remember
thinking when i just finished up undergrad in 2000 how sweet it is was gonna
be.. how rich EVERYONE was gonna be.. the dudes who applied themselves the
least started off with 60K... i left here with some sweet offers myself from
great companies.. i came back to America in 2001, everyone was struggling.. lol
this is a GET IT YOURSELF economy.... time we understand the game has
Alex Machinis The stock
market is up not because of value, but because of manipulation by the Fed:
Ahmad Zahar Everyone seems to
expecting for the worst case scenario ! Let's see what happens and Europe is
always bad news !
EvaHus Bugatti The new
policices will hurt US for a short term but she will recover after 4-6 years.
As CM Punk used to say, 'bitter is better.'
EvaHus Bugatti The bitter the
medicine, the better!
Soren Kirchner The
"recovery"is tanatmount to a cow drinkin her own milk
Sharon White Hi I have NEVER
believed in GDP - the rich get richer and the poor get poorer
Shahad Uddin Oh dear..
Ron Charette Inequality has
seen the GDP grow, however, the distribution of that wealth doesn't
"trickle down". Supply-side economics are still in effect in the
Fair taxation and stronger policies are the fix.
Dean Borok Nothing to do but
light up the growth engine (Keynsian).
This was the discussion up to September 7th, 17:00 p.m. GMT