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SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting read about the economy.
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<blockquote data-quote="Friendchicken" data-source="post: 2995499" data-attributes="member: 3298"><p>"This onslaught of negative thinking is clearly having an impact. During the 2004 presidential campaign, when attacks on the economy were in full force, 36% of Americans thought we were in recession. One year later, even though unemployment has fallen from 5.5% to 5%, and real GDP has expanded by 3.7%, the number who think a recession is underway has climbed to 43%."</p><p></p><p>Guess what happens when you dig into coffers and pour out money to support a war? You borrow against the future to send men/woment off to fight. Spending goes up because of job certainty. Job roles are opened up after people head off to fight and the unemployed get jobs.</p><p></p><p>Great huh? Your seeing less unemployed, people are spending money which increases product demand spurring production.</p><p></p><p>Sorry my friend. This is a recipe for a depressed economy when:</p><p>1) the war ends and those who had left employment to fight overseas, see their replacments in their old job they left.</p><p></p><p>2) People leaving the military to go back to the lives they once had hold off spending till something comes up. Loss of financial security.</p><p></p><p>3) tighter purse strings and more competition for jobs/wages/benifits.</p><p></p><p>4) less production cause spending is down</p><p></p><p>5) layoffs cause production demand has fallen</p><p></p><p>6) Ooops.. we now have to pay back all that money that was collected to fund the war.</p><p></p><p>7) jump into bed with a middle eastern country to have them invest in "Amerika".</p><p></p><p>8) piss off another middle eastern country for making a "deal with the Devil"</p><p></p><p>9) go to war and elimiate our new "friends" enemies.</p><p></p><p>10) explain why it was necessary to spend tax dollars on a war instead of investing in the more dire situation facing people like education, policing, health care and saving jobs that get exported to india, mexico and places unknown.</p></blockquote><p></p>
[QUOTE="Friendchicken, post: 2995499, member: 3298"] "This onslaught of negative thinking is clearly having an impact. During the 2004 presidential campaign, when attacks on the economy were in full force, 36% of Americans thought we were in recession. One year later, even though unemployment has fallen from 5.5% to 5%, and real GDP has expanded by 3.7%, the number who think a recession is underway has climbed to 43%." Guess what happens when you dig into coffers and pour out money to support a war? You borrow against the future to send men/woment off to fight. Spending goes up because of job certainty. Job roles are opened up after people head off to fight and the unemployed get jobs. Great huh? Your seeing less unemployed, people are spending money which increases product demand spurring production. Sorry my friend. This is a recipe for a depressed economy when: 1) the war ends and those who had left employment to fight overseas, see their replacments in their old job they left. 2) People leaving the military to go back to the lives they once had hold off spending till something comes up. Loss of financial security. 3) tighter purse strings and more competition for jobs/wages/benifits. 4) less production cause spending is down 5) layoffs cause production demand has fallen 6) Ooops.. we now have to pay back all that money that was collected to fund the war. 7) jump into bed with a middle eastern country to have them invest in "Amerika". 8) piss off another middle eastern country for making a "deal with the Devil" 9) go to war and elimiate our new "friends" enemies. 10) explain why it was necessary to spend tax dollars on a war instead of investing in the more dire situation facing people like education, policing, health care and saving jobs that get exported to india, mexico and places unknown. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting read about the economy.
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