Off-Topic: Economic recovery started?

Lake Martin Topics

(Lake Martin Specific)

111,143 messages

Updated 4/25/2024 7:30:23 PM

Off-Topic

Lakes Online Forum

83,605 messages

Updated 4/25/2024 9:33:24 PM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Lake Martin Fishing

(Lake Martin Specific)

4,169 messages

Updated 4/16/2024 3:16:57 AM

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Lake Martin SCUBA

(Lake Martin Specific)

169 messages

Updated 5/31/2023 1:39:35 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	water_watcher -
	Subject:	Economic recovery started?
	Date:	10/30/2009 11:31:42 AM

I too want the recovery to last ... but all indications are that the 3.5% was created through cash for clunkers and the massive wasteful government spending that is doing nothing to create jobs in the private sector.

We all hope for follow through next quarter and we may get some from holiday spending ... but jobs are still the issue. The socialist are saying the saved or created 650,000 jobs with stimulus spending .... but in reality we have lost 6 million.

This morning on CNBC an Obama econimist admitted that their own projections now show unemployment exceeding 10% ... one of the guest hosts said their model shows it peaking at 12-14%. The guy said well even our worst case scenerios do not have it going to your "high end". So to me, that means even their own estimates are probably 11 to 12% ...

That is huge and the sad part is, it could have been avoided and we could have had recovery sooner with more common sense policy that would create jobs and truely stimulate the economy.

Other messages in this thread:

View Entire Thread

Economic recovery started? - MartiniMan - 10/30/2009 10:55:08 AM

Economic recovery started? - water_watcher - 10/30/2009 11:31:42 AM

Economic recovery started? - Yankee06 - 10/30/2009 6:37:13 PM

Economic recovery started? - MAJ USA RET - 10/31/2009 9:35:28 AM

Add Two More Concerns>> - Mack - 10/31/2009 6:44:52 PM

Add More Concerns>> - MAJ USA RET - 10/31/2009 10:29:49 PM

Quick Links
Lake Martin News
Lake Martin Photos
Lake Martin Videos