depends on what happens in November. I also feel the debt will blow up our nation.. just not sure when. It will happen when people and countries no longer want to loan to us. A fe years down the road. I guess it will happen when the rest of the world recovers.
my opinion on the Economy - I believe most Corporations are strong and making decent profits,I don't see them being a source of a problem = = I am very concerned about the Huge deficit the Gov. is creating, with no attempt to slow down, If the Gov. was a Corporation it would be rated as junk if not already bankrupt! The Government can cause more problems than all the corporations.
It all depends on who our next President is. More marxist actions, or true capitalism to come?
If there is a Republican takeover, except the economy to soar! They are hospitable to businesses of all kinds and will stimulate things by encouraging businesses and hiring--not by printing fiat money.
IF MITTens wins he will be the white version of MaoBama he is a big government progressive end of story. He will NOT repeal socialized medicine and will not reform entitlements and will print more fiat money and follow the bankers failed Keynesian policies and will continue the game of fleecing the working middle class. The TEA PARTY is co-opted and has failed unless they wake up but the GOP has installed recycled old RINOS and then will look at us on TV and give us that lame sheet-eating grin and say "aw schukens we did our best, we'll get'm next time hey how about donating to the RNC?" Nah I'm done being played and will NOT vote except for my state senstor to replace Kay Bailey the HUT.
dayton - my view of the U S Economy is positive - but so much depends on this upcoming election - I am taking a very cautious position - but I think the movement will be a major one - just don't know which way !....PEACE !
IMHO, the picture of the economy has never been more foggy both in the short and the long term. This enormous uncertainty was reflected in the broad stock market results for 2011, and I'm looking for more of the same in 2012. The political situation is more like looking through mud than fog. One thing is crystal clear: If the Neocons get the US into a war with Iran, the result will be a monumental disaster of biblical proportions.