The economy, is it good or bad. (Page 146/181)
84fiero123 JAN 12, 10:53 AM
Jobs going overseas,
Banks being bought up by foreign investors,
Chinese junk, toxic, rip-off toys,
Yet more here would rather save a Buck and support another countries crap product than help the US out and buy American.

Ya we are doing just great.

How many here have lost good paying jobs to foreigners?
Just keep it up and sooner or later, sooner from the looks of things we will all be looking for new jobs at half our last salary.
Say what you like this is all contributing to the fall of the American way of life and America.
aceman JAN 12, 10:57 AM
Say it with me, Mr Bitter.......


GLO----BAL E---CON----OMY

Global Economy.
84fiero123 JAN 12, 11:06 AM
Investors also grew nervous after American Express Corp. warned that slower spending and more delinquencies on credit card payments will hamper profit throughout 2008. A profit warning from Tiffany & Co. added to Wall Street's unease about the fortitude of the consumer.
"When Amex comes out and says that some of their well-to-do cardholders are having problems making payments that's just not good news," said Brandon Thomas, chief investment officer of Portfolio Management Consultants, the investment arm of Envestnet Asset Management.

http://money.excite.com/jsp...ews_id=ap-d8u48s2g0&

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Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

Uaana JAN 12, 01:09 PM

quote
Originally posted by 84fiero123:

A profit warning from Tiffany & Co. added to Wall Street's unease about the fortitude of the consumer.




Ok, again you're not getting it.
A. This is a warning, they are saying be aware of an issue and plan accordingly.
This is not "The economy is gong to hell" it's "Hey. by the way guy we've noticed a little problem with this particular item/segment."

Maybe its a communication thing.. you just don't understand investor speech? Kinda like how some people don't understand a thing their mechanic tells them..
Ohh good analogy.. If your mechanic told you that your tires were wearing a little unevenly would you automatically assume the whole car was dying?
Same thing!
Uaana JAN 12, 01:29 PM

quote
Originally posted by 84fiero123:

Jobs going overseas,
Banks being bought up by foreign investors,
Chinese junk, toxic, rip-off toys,
Yet more here would rather save a Buck and support another countries crap product than help the US out and buy American.

Say what you like this is all contributing to the fall of the American way of life and America.



Wow.. Ok get all that, but what you're talking about is a different topic.
Life will never be like it was in 1965 ever again. The mistakes made then and through out the 70s changed the game.
You like the auto/UAW thing so we'll use that as an example.
US car mfg's assumed they were the only game in town. They built junk for the most part. Cars that were only designed to last for 60k miles. They left themselves wide open to the emerging competition.
To this day there are people some even on here that wont buy an American car because of the quality perception.
84fiero123 JAN 12, 02:04 PM
So I guess this means nothing?

AP Poll: Economy Ties War As Top Issue

Saturday January 12, 10:00 AM EST

WASHINGTON (AP) — The faltering economy has caught the Iraq war as people's top worry, a national poll suggests, with the rapid turnabout already showing up on the presidential campaign trail and in maneuvering between President Bush and Congress.
Twenty percent named the economy as the foremost problem in an Associated Press-Ipsos poll released Friday, virtually tying the 21 percent who cited the war. In October, the last time the survey posed the open-ended question about the country's top issue, the war came out on top by a 2-1 majority.
About equal proportions of Republicans, Democrats and independents in the new poll said the economy was their major worry, suggesting the issue looms as a potent one in both parties' presidential contests. It was also cited evenly across all levels of income, underscoring the variety of economic problems the country faces.


Amid increasing trade, job, housing, stock market and gasoline price woes, candidates from each party have started talking about how they would bolster the economy. The issue looms as the dominant one in the next presidential contest: Tuesday's Republican primary in Michigan, which had a 7.4 percent unemployment rate in November that is the nation's worst.

http://money.excite.com/jsp...ews_id=ap-d8u4dd0o0&
Just in case you didn’t catch it in the part I posted above.

About equal proportions of Republicans, Democrats and independents in the new poll said the economy was their major worry.

It was also cited evenly across all levels of income, underscoring the variety of economic problems the country faces.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

Uaana JAN 12, 02:34 PM

quote
Originally posted by 84fiero123:

So I guess this means nothing?

It was also cited evenly across all levels of income, underscoring the variety of economic problems the country faces.




What, that someone took a poll and the economy is a top issue?

It shows that people are paying attention.. well at least to the "news" reports of all our economic "problems"
Kind of encouraging that people are paying attention, and we should always be concerned about our economy. Maybe if more people did less money would be spent on junk and useless social programs, and their might be some accountability in spending.

Looks like you're a news watcher, you should know only bad news gets reported.

Finally.. Why all the concern? You're essentially self employed and self sufficient. Do you remember the last recession? When the tech stocks all crashed? What was the overall fall out? 90% of america would barely even notice and if the gov't does the right thing and cuts taxes across the board we'd be in better shape afterwards.
Phranc JAN 12, 02:38 PM
I'd be really worried about the economy too if I was sucker enough to fall for the doom and gloom stories who have more conjecture then fact in them and are riddled with with words like " might, maybe, could, and possible" to drive home how bad everything is. Or if I fell for the " because of housing woes" reason that gets tagged for every little drop.
84fiero123 JAN 12, 02:48 PM
I started this thread because of my concerns of the economy. I have always had well paying jobs, but with my present condition we are basically dependant on my small monthly disability check and Melanie‘s farm income that is to say the least sporadic. Basically what I used to bring home a week.

What do you do for a living? I see in your profile that you list account manager as your occupation. But that can mean a lot of things, from bank manager to accountant.

I see this impacting Melanie’s income because she raises dogs. A very economy driven business, if people don’t have disposable incomes because of the economy they don’t buy as readily.

I am not an idiot, I have been in the work force for over 35 years so I know a lot more than some here have given me credit for because they simple disagree with me.

That doesn’t make what I say wrong.

------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.

Uaana JAN 12, 05:20 PM

quote
Originally posted by 84fiero123:

I started this thread because of my concerns of the economy. <snip>

That doesn’t make what I say wrong.




Fair enough, and there have been some good responses in here.
You have successful people in here, some moderately successful people, and some who are currently under/unemployed.
I won't name names I'm pretty sure you can break them down on your own.
Now look at the replies from these three groups how do they differ? Who do you think has a better handle on things and the economic outlook of the country.
I'm an account manager for an e-commerce company and things have never looked better, more people are buying online every day.
I know where our company was 10yrs ago, and where we are today, and what our plans for the future are.
{edit to add}
Melanie should still be fine, she's in a niche market. Dog people will always be dog people and will go to some length to get the one they want.
Also if she/you were to expand the farm a bit, there's the growing trend of people wanting organic, farm fresh produce. No hormone chicken eggs and stuff like that.

[This message has been edited by Uaana (edited 01-12-2008).]