I think there is a half empty glass and both parties have reason to spin it each way. For the Republicans... bad news, new about how bad the economy is etc.. is good because they think that is how they will win the presidency. At the same time, I don't believe they really want it bad... just to appear bad so they can take more control. It is also so much easier to find things to complain than to suggest and do. I think in general the Republican Party is owning the Democrats right now. Whoever is setting their strategy is a genious. Despite what numbers may say... my company is hiring a boatload of people... and Intel is building an 8 Billion dollar new plant a few miles from my house, one of the largest commercial investments ever or so I heard. Are some things bad? Sure. But all the gloom and doom I hear repeated here... I don't see it and I think some of it is being manufactured for a specific polital reason.
To be sure, not every company is sitting around right now hoarding their cash. But it is also clear that there's a lot more hiring that can be done, but isn't due to concerns about the current administration. And it's nice to see companies expanding and hiring.
I'd like to work for intel. as long as I get to live in the pearl district, not have to show up for anything. get a corporate card/expense account. and a smoking hot secretary. holla.
You can't wait for even more Americans to lose their jobs? Who do you think provides employment for the great mass of people in this country? It's not mom & pop at the corner grocery store, it's the big corporations.
Welcome to the Depression!! Only the current criminals in DC can pass the largest spending bill in US history and have it sold to the public as a "debt reducing" bill.
The news just keeps getting better . . . But hey, welcome to the recovery! http://money.cnn.com/2011/08/04/markets/markets_newyork/index.htm
Baloney, it's an out & out depression. Total unemployment/underemployment at 25%, stock market losing a year's worth of gains in 3 days, more bad layoff news, our yearly deficit now exceeds 100% above the GNP... and a massive entitlement program is being implemented to place the last nail in the coffin. Things aren't looking too rosy right now. And I'll say this- I'm not so sure things would be much different had McCain were elected. Sure, the national debt would be much lower, but that's probably about it.
You're right. The American economy hasn't changed in the last 50 years. Who needs technology sector jobs?
How? With a magic wand? This isn't 1997, where venture money was being handed out like candy. Thanks for the laugh, though, because I'm guessing you're being glib on purpose.
Who said it's great? You're the one saying you want the corporations to fail. I'm sure we can have a powerful economy with mom-and-pop businesses as landscapers and lawn mowers.
yes because the only way to enjoy life is to have large pharmaceutical companies giving us drugs to do so
You could enjoy life without pharmaceutical companies... that life would just happen to be about 30 years shorter. Feel free to not use the evil pharmaceutical company products. I won't force you.
As Obama said, he has 4 years to turn the economy around. If he doesn't he doesn't expect a second term. Sorry man, I like you as a person, but GTFO. Time for someone else to give it a try. You failed. Simple as that. You are too weak to be a president. God help us with a Republican as president, but maybe one of them will actually stick to their principles for once. We better get these tax loopholes closed or Bush cuts done with before that happens, though. Thankfully you only have about 3 out of 10 Americans thinking favorably of the tea party, so maybe their influence can chill on the Republican party and bring back some civility in our politics. This is just ridiculous. And for the love of God don't let there be a left wing type tea party either... American's don't want this BS polarization of our politics.