Inflation rate is worst in 17 years

[Stormcrow]

Originally Posted by Capper

I know no one will agree with me on this, but I see us really on the edge of a massive depression that will change this country forever......I also see us on the brink of WWIII, but thats another discussion.

Actually, very much agreed. In my area alone, foreclosures are skyrocketing and people are trying desperately to sell their houses to downsize or move to greener pastures. The economy here is a dead pulse, working part-time in a supermarket while going to college...its slowed down so much it's scary. Normally we're off the wall on the weekends, yet every day has been near quiet. Even during Christmas, we're way below our normal profit margin and nearly into the redline. I'm getting 17 hours a week now on average, and thats doing good as far as everyone else. A few of our sister stores are closing down already.
And thats just one store chain, its effecting everyone I know in the same way. Hell, we're to the point where it's either buy groceries or pay rent each week. We live simply too, I can just imagine how rough it must be for people trying to keep a house, car, or pay off loans.

As for WW3, well...the quickest way to solve an economic slump is to wage war. Worked good enough for Hitler and many leaders before him.

[Stormcrow]

Originally Posted by fstroupe

Actually, we are in WWIII...we just don't realize it yet.

Double post, but I've been thinking and feeling the same for years...

[fstroupe]

Actually, the economy is booming here. Christmas sales were incredible. Unemployment is at under 3%. The housing market has slowed a little, but no contractors are going hungry. If it means anything, I noticed that three local realtors have built or are building huge new office complexes.

[screwballl]

Originally Posted by fstroupe

Out of every statement made in this thread, this one is the most true...If Hillary/Barack/Edwards/unknown Dem win, after they restore capital gains taxes, raise the rates on the top two tax brackets (affecting about 90% of all small business owners), and raise the top corporate rate, unemployment will hit double digits for the first time since Regan's tax cuts, investment will drop sharply, the economy will falter, and we will finally see the recession/depression that we have been told that we are about to see for the last 5 years or so.

you forgot one very big mention: they will all blame it on GW... yet GW was the one to give the economy growth tax breaks at a time that it is needed

[Tech Geek Deluxe]

fstroupe ... I am a repub and don't like almost all Dems except the one who was at the Last Repub convention.

I feel that the Repub establishes what turns things aright again and the Dems mess it up visa vi Clinton burying the greatness of Regans lead.

[PTRMAN]

Originally Posted by fstroupe

Since most of you guys don't like republicans,...

I've actually been pleasantly surprised at how many conservatives are here...and the political discourse that I've seen has all been pretty civil, which is far removed from what we've all seen on the web.

Count me in on the right side...

[Tech Geek Deluxe]

True ... and the ones that take a liberal stand here, actually are thinkers and have real positions they have thought through ... quite admirable ... I only wish those in office had half the brains the liberals here do ...

[MantaBase]

Out of every statement made in this thread, this one is the most true...If Hillary/Barack/Edwards/unknown Dem win, after they restore capital gains taxes, raise the rates on the top two tax brackets (affecting about 90% of all small business owners), and raise the top corporate rate, unemployment will hit double digits for the first time since Regan's tax cuts, investment will drop sharply, the economy will falter, and we will finally see the recession/depression that we have been told that we are about to see for the last 5 years or so.

Really?

I smell crack. On the one hand I hear conservatives say that the administration has no real influence over the economy - so you can't blame them. Then I hear that if a Dem gets elected it means doom and gloom. Then I hear it's Clinton's (the guy one) policies that brought us to this. It's been 8 fricking years since then.

What gives? Either the president can effect and affect the economy or the president can't. If it's the former, what is Junior's excuse? If it's the later, what difference does the party in office make?

As for me, I was awake and around during Ronnie Ray-Gun, and frankly, he did jack shit. Catchup as a vegetable anyone? Yeah - I suffered through that as did the rest of my friends.

You can BS most of the folks around here - but not me meester.

Why don't you tell me why raising the minimum wage is a bad idea. Really, that's an easy one - the rhetoric is already in place. Are your prepared to have it shattered?

One day - when I have long since passed - you will all realize that your endearment to a particular party was your doom.

lol

Really ......Jr has helped the economy? Jeesh....give me a bone to work with here.

[One4yu2c]

[Capper]

well, this discussion went downhill fast.