Where do you think the economy is now, is heading?

Question

Now improved for me but looks to be heading back down.

Crashdavis565 · Answer

Now improved for me but looks to be heading back down.

CMJohnson1 · Answer

Going way down...my paycheck at work is going down already thanks to this bullshit.  Socialism at it&#x27;s finest

Crashdavis565 · Answer

sorry to hear it.I was at Xmas dinner and we had about 12 people over. I started ranting and raving about how stupid it is for more unemployment benefits ( it has been two years for crying out loud). I had to stop when I realized two of the people at the table were still collecting them and a third had been out 6 months with injury. Hmmmm. Those of us still working are working harder for less.

RJSmith · Answer

Would be great to get rid off the unemployed. Put them in special camps, make them work. Arbeit macht frei! If you are so unhappy about working hard then give your job to someone who wants it.Funny that you envy people who barely get by.

RJSmith · Answer

Oh and the economy is going down the toilet. Going to get much much worse, so hold on to that job of yours...

SupremeVermin · Answer

South. Got a raise though.

JEFFMARKETCAP · Answer

We are going down. Our best days are behind us. I am really worried about the debt ceiling. It has way more potential to cause damage then the fiscal cliff. We cannot continue to spend money at the rate we are. The Dems got what they wanted and I don't think the Repubs are gonna budge on this one. If we don't reach a deal, interest rates sky rocket and we are automatically in a recession. The market would lose at a minimum 10%. And we all know the market is way overvalued so it could be worse. I will be buying heavy calls on TZA as we get closer as insurance.

Raisethis2 · Answer

The market bump today was just a point to take profits. We recently had a triple high, historically the next stop is down and probably soon and probably severe. I wouldn't doubt 15 to 20% haircuts are in order.

The Congress HAS to work on ways to get employers manufacturing in America again. We cannot give up millions of jobs to foreign countries then expect everything to be hunky-dorey. Hunger in America may well affect people we know unless the jobs are forced to return.

If people who own businesses get butthurt because the government requires domestic content or tarriffs, too bad.

depeche2 · Answer

You know what all this skepticism means. The economy is rebounding. Has been for a couple years. GDP growth will rise, unemployement going down and market should continue strong and see new all time highs on Dow, maybe this year. All the bears watch too much TV.

Randisist · Answer

Don&#x27;t worry about the debt ceiling. Just raise it.  Then when we get to that debt ceiling raise it. and on and on... WE ARE America... We are above failure. As long as we have paper, ink and working presses we have money to burn. As to unemployment just add another year every December. What is the big deal???   It is only money...As for as Social Security, duh?!?!? Just print more money and deposit that... How hard is that concept to grasp??? Medicare payments to doctors only requires a check be printed... Please, Please tell me who is too stupid to see that is all that has to be done?!?!? As Americans we are OWED EVERYTHING!!! Just how hard is it to grasp that ALL we have to do is print more money and deposit it into the bank???

Crashdavis565 · Answer

I totally agree with this. The Rep got their fools handed to them on the cliff and will bide their time for the debt ceiling. They will not give in until they get significant spending cuts and the Dems are too fuckking stupid to give it to them ( stupid as in they cannot compromise and it is going to hurt this country)I agree 100% the real fight has not begun.Reps were in a corner and Dems beat them. If they canned the deal they personally would have been to blame. They will pass the bill next time and put it on the Dems first.

Crashdavis565 · Answer

Unemployment extended through 2013- some people will have received three full years of "emergency" benefits

gold6185 · Answer

Unemployment benefits should be for 6 months and then terminated-bottom line.

m57 · Answer

Have already received an email from our employer pointing out the increasing payroll tax will be taking a chunk out of our next paychecks.

We've already been forced to cut full time people to half time in order to avoid the Obamacare mandates (need to get under 50 full time employees).

This country is full of ignorant idiots who are about to get exactly what they voted for.

GSP10 · Answer

#4 RJSmith 1/2/13 4:31 AMWould be great to get rid off the unemployed. Put them in special camps, make them work. Arbeit macht frei!&#160;If you are so unhappy about working hard then give your job to someone who wants it.Funny that you envy people who barely get by.I love your last line. It&#39;s very funny that you actually envy people who are on unemployment!

ocd · Answer

Depeche...plenty of opportunity out there if willing to change, adapt and/or compromise in salary short term.sorry for those still complaining and holding out for those senior vp positions....

Randisist · Answer

I don&#x27;t know why there is a limit on unemployment...Government prints a check, mail it to the recipient...Recipient deposits the check into bank...Bank requests that much cash from Federal Reserve...Federal Reserve sends that much newly printed money to bank...Next month we do it all over again... Easy, as long as we have ink, paper and working printers there will be money to spare...

GSP10 · Answer

Randist, I agree with you, but there is a point, federal reserve gives money to the government (which is created from thin air)and the government exchanges this for bonds

Bluefin · Answer

A little pork for you

43 million in tax breaks to NASCAR

199 million to liquor industry

100 million to RR

150 million to Disney

1.6 billion to Goldman Sacs

lol we ought to herd all these friggin representatives up and gas em and start the f...k over..

Crashdavis565 · Answer

I just read this too. Are you kidding me?Fu ck me with a rake.This is so insane. I cannot believe our politicians they are totally disconnected from the world.I cannot believe they win election over and over again.Can the incumbent 2014!

Goggles-Pisano · Answer

I think the economy was slowly getting better, until the Fiscal Cliff deal was signed. I think we are headed down, and down pretty hard in the next few months. Here's the reasoning:

I don't know about you but i barely pay my bills each month. Pay meaning no credit card debt either as I pay the cc bills in full every month. Now I just took +/- 2.5% take home pay hit. Add the 2% Social Security increase (back to 6.2%) and the additional Fed increase of about 0.5% and I don't make my bills...... today. So for me it's cut back on something (beer, dinners, driving). What about the people who don't realize this is coming? Come around March, bills won't get paid and then they to will start to cut back..... on something.

What's the crap we hear about Retail being the lifeblood of the economy? Whats the number 70% of the economy? To me, a pay cut of 2.5% is huge. Down goes Frazer, eh the economy. Hopefully I'm wrong.

Crashdavis565 · Answer

[Quote: Originally Posted by Goggles-Pisano]  I think the economy was slowly getting better, until the Fiscal Cliff deal was signed. I think we are headed down, and down pretty hard in the next few months. Here&#x27;s the reasoning:&#xD;&#xA;I don&#x27;t know about you but i barely pay my bills each month. Pay meaning no credit card debt either as I pay the cc bills in full every month. Now I just took &#x2B;/- 2.5% take home pay hit. Add the 2% Social Security increase (back to 6.2%) and the additional Fed increase of about 0.5% and I don&#x27;t make my bills...... today. So for me it&#x27;s cut back on something (beer, dinners, driving). What about the people who don&#x27;t realize this is coming? Come around March, bills won&#x27;t get paid and then they to will start to cut back..... on something. &#xD;&#xA;What&#x27;s the crap we hear about Retail being the lifeblood of the economy? Whats the number 70% of the economy? To me, a pay cut of 2.5% is huge. Down goes Frazer, eh the economy. Hopefully I&#x27;m wrong.  [/Quote]Good points.

Biscuiteater1 · Answer

With a little help from congress it could be better. Think they give a crap ?

JEFFMARKETCAP · Answer

[Quote: Originally Posted by Goggles-Pisano]  I think the economy was slowly getting better, until the Fiscal Cliff deal was signed. I think we are headed down, and down pretty hard in the next few months. Here&#x27;s the reasoning:&#xD;&#xA;I don&#x27;t know about you but i barely pay my bills each month. Pay meaning no credit card debt either as I pay the cc bills in full every month. Now I just took &#x2B;/- 2.5% take home pay hit. Add the 2% Social Security increase (back to 6.2%) and the additional Fed increase of about 0.5% and I don&#x27;t make my bills...... today. So for me it&#x27;s cut back on something (beer, dinners, driving). What about the people who don&#x27;t realize this is coming? Come around March, bills won&#x27;t get paid and then they to will start to cut back..... on something. &#xD;&#xA;What&#x27;s the crap we hear about Retail being the lifeblood of the economy? Whats the number 70% of the economy? To me, a pay cut of 2.5% is huge. Down goes Frazer, eh the economy. Hopefully I&#x27;m wrong.  [/Quote]I agree 100%lots of people barely making ends meet.  Bottom line is people will be spending less. When people spend less, companies will make less.  So the market will go down.  They have been artificially holding this market up.   You can only do that for so long.  If the debt ceiling isn&#x27;t raised then those bond buybacks aint happening anymore.  When that happens, the markets will panic.  I can&#x27;t believe that anyone would be optimistic about the economy.  Way too much hope based on nothing.

SteelCash · Answer

Rjsmith... wow.  You are a piece of work.

Where do you think the economy is now, is heading?

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