chukels911

I am not sure how informed most people are on here about our economy, I simply am wondering what kind of economic state that you think we are in,
Is there still gold backing our dollar? is our ecnomomy being run by private banks?

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Tumbleweed

I'm not much of an economist but you just started three threads

Are you still in school?

on edit:
http://en.wikipedia.org/wiki/Economy..._United_States
America Today - Dangerously Vulnerable

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"To argue with a person who has renounced the use of reason is like administering medicine to the dead." Thomas Paine

Military might doesn't make up for political stupidity.

Tumbleweed

Gold standard.

Gold standard - Wikipedia, the free encyclopedia

Don't take every thing as gospel in wikipedia but it will give you a general idea.

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"To argue with a person who has renounced the use of reason is like administering medicine to the dead." Thomas Paine

Military might doesn't make up for political stupidity.

CHUQ

It is a good question. If you are doing well in the market then you will think economy is good; if you live in a project and can find adequate employment the economy sucks. It is all perspective.

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Tumbleweed

Everything I have been reading suggests a slowdown.

Existing home sales are up, but they are selling for less.Durable goods are down.New home construction is down.Consumer confidence is down. Auto sales are down.If Christmas sales don't meet expectations, we may be off to a rough start next year.

The dollar seems to be slipping as well.

__________________
"To argue with a person who has renounced the use of reason is like administering medicine to the dead." Thomas Paine

Military might doesn't make up for political stupidity.

superbug

No, it's not perspective. It's either doing good or not. If you are living in the projects and can't find adequate employment right now, it's not because economy sucks. It is because you made some really stupid choices and now you are paying for them.

Tumbleweed

That's bull-shit. You base that comment on your outlook on welfare.

__________________
"To argue with a person who has renounced the use of reason is like administering medicine to the dead." Thomas Paine

Military might doesn't make up for political stupidity.

superbug

Not at all. It's just how things are.

Things either are or they aren't. Same with the economy. Just because someone didn't do well in school, or did something stupid and now has to live in the ghetto doesn't mean that the economy is in the tank.

Tumbleweed

It's not that simple superbug.

People in projects aren't the main factors of our economy .

chukels911 doesn't seem to know a lot about the economy and how it works.To tell him welfare is the root of all evil is misleading. You already have an evil thread going.That is where your comments should be about welfare IMO.

__________________
"To argue with a person who has renounced the use of reason is like administering medicine to the dead." Thomas Paine

Military might doesn't make up for political stupidity.

superbug

You missed the boat. I'm not talking about welfare or evil here at all. I was responding to Chuq's post. Go back and take another look and see if that clear things up.