View Poll Results: Is the USA skrewed?

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  • yes

    14 36.84%
  • no

    24 63.16%
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Thread: Is the USA skrewed?

  1. #11
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    Re: Is the USA skrewed?

    Quote Originally Posted by Mickey Shane View Post
    Forget economically. We've been through the Great Depression and could easily handle that again.
    I'm not so sure. The current group of Americans is soft and fat compared to the 1920's. People back then knew how to feed themselves. The vast majority today have very little or no survival skills. People in Africa and Haiti are much more suited to taking care of their own basic needs than Americans today.
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
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  2. #12
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    Re: Is the USA skrewed?

    Quote Originally Posted by Kandahar View Post
    Economically - Yeah, we'll recover. Recessions never have lasted forever, and I see no reason to expect this one to be any different. Technically, our economy has been booming for a year now...it just doesn't feel like it because we endured such a collapse the previous year, and unemployment continued to rise until about six months ago.
    This recession is different. We have no more bubbles to pull us out of it and adding to our debt can go only so far.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  3. #13
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    Re: Is the USA skrewed?

    Quote Originally Posted by USA-1 View Post
    This recession is different. We have no more bubbles to pull us out of it and adding to our debt can go only so far.
    What do you mean no more bubbles to pull us out of it? There are always economic bubbles in the US economy. But what does that have to do with actual economic growth?

    As for adding to our debt...the amount of a stimulus necessary to boost our economy would be a small fraction of our GDP. Even an extremely large stimulus would only increase our debt-to-GDP ratio by 10% or so.
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  4. #14
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    Re: Is the USA skrewed?

    Quote Originally Posted by Kandahar View Post
    What do you mean no more bubbles to pull us out of it? There are always economic bubbles in the US economy. But what does that have to do with actual economic growth?

    As for adding to our debt...the amount of a stimulus necessary to boost our economy would be a small fraction of our GDP. Even an extremely large stimulus would only increase our debt-to-GDP ratio by 10% or so.
    The tech bubble pulled us out of the recession of the 80s. The housing bubble pulled us out of the recession of the late 90s caused by the bursting of the tech bubble. It was all fueled by debt. There are no more bubbles and we have not felt the worst of the last one yet.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  5. #15
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    Re: Is the USA skrewed?

    Once the Baby Boomers all "go away", it's all gravy.
    “Far better is it to dare mighty things, to win glorious triumphs, even though checked by failure...than to rank with those poor spirits who neither enjoy much nor suffer much, because they live in a gray twilight that knows not victory nor defeat.”
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  6. #16
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    Re: Is the USA skrewed?

    Quote Originally Posted by MikeVFF View Post
    Pretty self explanatory? Do you think we will ever be able to recover environmentally, politically, and economically? I honestly dont.
    The dems have spent 70+ years creating, expanding and subsidizing a permanent class of parasites and dependents. They now are breeding at much higher rates than those of us who don't start having children until we complete our educations and establish ourselves in the work place. Too many fleas and not enough dogs



  7. #17
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    Re: Is the USA skrewed?

    Quote Originally Posted by Tubub View Post
    Once the Baby Boomers all "go away", it's all gravy.
    Do you really think the next generation is going to be any better? I mean, the owners of industry are just going to hand off their power to their kids.

  8. #18
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    Re: Is the USA skrewed?

    Quote Originally Posted by USA-1 View Post
    The tech bubble pulled us out of the recession of the 80s. The housing bubble pulled us out of the recession of the late 90s caused by the bursting of the tech bubble. It was all fueled by debt. There are no more bubbles and we have not felt the worst of the last one yet.
    You seem to be under the impression that busts are the natural state of affairs, and booms are just illusions. This is not correct. They are both just deviations from the average, which is a modest increase in economic growth over time.
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  9. #19
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    Re: Is the USA skrewed?

    The next generations already exist bud.

    As Thomas Friedman said in one form or another: The Baby Boomers, like locusts, ate through the abundance provided by The Greatest Generation. Now, we must form a "regeneration" to propel our economy and nation.

    Frank Schaeffer: The Failed President And The New "Greatest Generation"

    The New Greatest Generation

    The Greatest Generation: Today's Veterans Measure Up to Those From WWII and Vietnam - ABC News

    Another Greatest Generation Is On The Way - Forbes.com

    Another Greatest Generation Is On The Way - Forbes.com
    “Far better is it to dare mighty things, to win glorious triumphs, even though checked by failure...than to rank with those poor spirits who neither enjoy much nor suffer much, because they live in a gray twilight that knows not victory nor defeat.”
    -TR

  10. #20
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    Re: Is the USA skrewed?

    Quote Originally Posted by Tubub View Post
    Once the Baby Boomers all "go away", it's all gravy.
    Hah! Now THAT's a good one.
    Oh, how I hope I can reincarnate as a fly on the wall and watch!
    "God is the name by which I designate all things which cross my path violently and recklessly, all things which alter my plans and intentions, and change the course of my life, for better or for worse."
    -C G Jung

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