Depression. People starting to suggest it…

[peterb]

WWII brought about full employment based on huge govt spending. By the end of WWII the USA had a debt greater than 50% of it’s GDP. Historically speaking, we could go there again. The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves. Which is essentially what brought us out of the Great Depression. It makes sense, when things get really bad, the only people who will spend money are those that dont have to earn it.

[OC Burns]

[quote=PadreBrian]It’s just a resection. The unemployment is too low. But, if there are more layoffs/out-sourcing or there’s a banking collapse, we’ll be there. BUT, I don’t see that happening. Dubya is doing everything he can to correct his blunders…he doesn’t want to take the title as “worst president ever” from Hoover.[/quote]

Did you write this last year? Dubya is trying to cover his ass, but not correct his “blunders.” The title is his.

[OC Burns]

[quote=PadreBrian]It’s just a resection. The unemployment is too low. But, if there are more layoffs/out-sourcing or there’s a banking collapse, we’ll be there. BUT, I don’t see that happening. Dubya is doing everything he can to correct his blunders…he doesn’t want to take the title as “worst president ever” from Hoover.[/quote]

Did you write this last year? Dubya is trying to cover his ass, but not correct his “blunders.” The title is his.

[OC Burns]

[quote=PadreBrian]It’s just a resection. The unemployment is too low. But, if there are more layoffs/out-sourcing or there’s a banking collapse, we’ll be there. BUT, I don’t see that happening. Dubya is doing everything he can to correct his blunders…he doesn’t want to take the title as “worst president ever” from Hoover.[/quote]

Did you write this last year? Dubya is trying to cover his ass, but not correct his “blunders.” The title is his.

[OC Burns]

[quote=PadreBrian]It’s just a resection. The unemployment is too low. But, if there are more layoffs/out-sourcing or there’s a banking collapse, we’ll be there. BUT, I don’t see that happening. Dubya is doing everything he can to correct his blunders…he doesn’t want to take the title as “worst president ever” from Hoover.[/quote]

Did you write this last year? Dubya is trying to cover his ass, but not correct his “blunders.” The title is his.

[OC Burns]

[quote=PadreBrian]It’s just a resection. The unemployment is too low. But, if there are more layoffs/out-sourcing or there’s a banking collapse, we’ll be there. BUT, I don’t see that happening. Dubya is doing everything he can to correct his blunders…he doesn’t want to take the title as “worst president ever” from Hoover.[/quote]

Did you write this last year? Dubya is trying to cover his ass, but not correct his “blunders.” The title is his.

[Allan from Fallbrook]

peterb: I mentioned something similar to this on another thread when I said I thought we’d see a return to 1930s style WPA-type projects (i.e. infrastructure related goverment spending on a very large scale).

The US infrastructure is in a dire state, and it will probably take massive amounts of government spending (a la what occurred during FDR’s reconstruction programs, WWII, or the Japanese government programs of the 1990s) to turn things around.

[Allan from Fallbrook]

peterb: I mentioned something similar to this on another thread when I said I thought we’d see a return to 1930s style WPA-type projects (i.e. infrastructure related goverment spending on a very large scale).

The US infrastructure is in a dire state, and it will probably take massive amounts of government spending (a la what occurred during FDR’s reconstruction programs, WWII, or the Japanese government programs of the 1990s) to turn things around.

[Allan from Fallbrook]

peterb: I mentioned something similar to this on another thread when I said I thought we’d see a return to 1930s style WPA-type projects (i.e. infrastructure related goverment spending on a very large scale).

The US infrastructure is in a dire state, and it will probably take massive amounts of government spending (a la what occurred during FDR’s reconstruction programs, WWII, or the Japanese government programs of the 1990s) to turn things around.

[Allan from Fallbrook]

peterb: I mentioned something similar to this on another thread when I said I thought we’d see a return to 1930s style WPA-type projects (i.e. infrastructure related goverment spending on a very large scale).

The US infrastructure is in a dire state, and it will probably take massive amounts of government spending (a la what occurred during FDR’s reconstruction programs, WWII, or the Japanese government programs of the 1990s) to turn things around.

[Allan from Fallbrook]

peterb: I mentioned something similar to this on another thread when I said I thought we’d see a return to 1930s style WPA-type projects (i.e. infrastructure related goverment spending on a very large scale).

The US infrastructure is in a dire state, and it will probably take massive amounts of government spending (a la what occurred during FDR’s reconstruction programs, WWII, or the Japanese government programs of the 1990s) to turn things around.

[cr]

[quote=peterb]The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves.[/quote]

You’re right, but they’re spending already. In fact, I’d go as far to say they’re spent.

And I agree with RP’s statement that the Fed is a predatory lender.

I just don’t see how we can expect today’s rally to continue before they’ve even admitted we’re IN a recession. Then again, maybe they never will. Which brings to question any government numbers, like the ones today that reported a “surprise” jump in oil inventory.

[cr]

[quote=peterb]The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves.[/quote]

You’re right, but they’re spending already. In fact, I’d go as far to say they’re spent.

And I agree with RP’s statement that the Fed is a predatory lender.

I just don’t see how we can expect today’s rally to continue before they’ve even admitted we’re IN a recession. Then again, maybe they never will. Which brings to question any government numbers, like the ones today that reported a “surprise” jump in oil inventory.

[cr]

[quote=peterb]The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves.[/quote]

You’re right, but they’re spending already. In fact, I’d go as far to say they’re spent.

And I agree with RP’s statement that the Fed is a predatory lender.

I just don’t see how we can expect today’s rally to continue before they’ve even admitted we’re IN a recession. Then again, maybe they never will. Which brings to question any government numbers, like the ones today that reported a “surprise” jump in oil inventory.

[cr]

[quote=peterb]The Fed is trying every trick in the book to get money moving, but it aint working….so if they cant get the private sector to spend, then they’ll have to start spending themselves.[/quote]

You’re right, but they’re spending already. In fact, I’d go as far to say they’re spent.

And I agree with RP’s statement that the Fed is a predatory lender.

I just don’t see how we can expect today’s rally to continue before they’ve even admitted we’re IN a recession. Then again, maybe they never will. Which brings to question any government numbers, like the ones today that reported a “surprise” jump in oil inventory.

[Author]

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