when full blown depression is upon us. Probably the same people "buying on dips" when that is surely the dumbest thing anyone could now right do.
Just like the kid's game of double or nothing, nothing matters but the end game. Protect yourselves by "going to the mattresses".
As an Obama supporter, I have to say he dropped the ball.
His big chance was 2008-2010. He had to know his time was limited. That was his only chance to bring manufacturing back and give America jobs back.
"till brought the economy back"
What part of Triple-Dip don't you understand?
What part of 2008 being entirely the result of Bush and GOP policies don't you understand?
What part of this graph don't you understand?
Stop watching Fox News. Even Roger Ailes doesn't believe the crap he's broadcasting any more.
And there, in a nutshell, you've stumbled upon the linchpin of this whole economic debacle. A country's value lies in what it produces, and we no longer produce anything. All we do is leverage the efforts of others and assume that there is an endless supply of idiots to buy all the junk that gets made overseas. This only works until said idiots smarten up.
And you're right, if you choose to buy American then your choices are severely limited these days. That's one of the reasons I started a small manufacturing shop. Born out of sheer necessity ...... I couldn't find enough quality stuff (made here or anywhere) so I decided to make it myself, and lo & behold I now have customers lining up.
That's something they'll never suggest in the media, it's a forbidden subject ..... getting people to create their own jobs rather than "get a job". The last thing corporate America wants is to see their legion of cheap labor suddenly turning into entrepreneurs and becoming a legion of competitors.
I placed orders months ago for prices on stocks I thought were just plain silly, but I remembered 2009 and how I wished I had bought then....
all of those have now gone through... HOV for a dollar? more WFR than I care to own for prices under 6. PAL for 2 bucks ANX for change...
change I can't believe in