WILL THE AMERICAN ECONOMY SUFFER? Is there a depression ahead?
2006-08-21 08:17:45 · 9 answers · asked by Private S.C. 1 in Social Science ➔ Economics
The American economy is sufferina. My God this is a mess; we are making the Arabians richer each day.
2006-08-28 20:27:26 · answer #1 · answered by VietVet 3 · 0⤊ 0⤋
Oh yes, big time! And with major industries like Ford, GM, etc going down the tube and taking many more companies (steel,plastics,oil) with them the U.S. may well be heading into an economic disaster that will make the "great depression" look like a Sunday school picnic. The issues you mentioned have resulted in the U.S. national debt exceeding a TRILLION DOLLARS !!. And with no end to the annual government deficits in sight the debt will continue to escalate substantially. No way can the American economy support this level of indebtedness. The issues you mentioned are but a few of the problems. How about Iran and North Korea ? It's been a great run but the American Empire is quickly collapsing. Thanks George W.
2006-08-21 16:47:16 · answer #2 · answered by B 4 · 0⤊ 0⤋
The issues you mentioned have resulted in the U.S. national debt exceeding a TRILLION DOLLARS !!. And with no end to the annual government deficits in sight the debt will continue to escalate substantially. No way can the American economy support this level of indebtedness. The issues you mentioned are but a few of the problems. How about Iran and North Korea ? It's been a great run but the American Empire is quickly collapsing.
i,ll tell u some thing goto gooogle nd type "failure" nd enter "im feeling lucky".
look whats there for a joke
2006-08-29 00:38:51 · answer #3 · answered by monysh b 2 · 0⤊ 0⤋
This President has borrowed more money than ALL of the Presidents of the U.S. combined. The economy is already suffering and will continue to suffer for generations to come.
2006-08-25 17:18:45 · answer #4 · answered by Big Bear 7 · 0⤊ 0⤋
We are suffering now but hold on to your seats because we are in for a bumpy ride.
2006-08-28 15:24:37 · answer #5 · answered by Magica! Star 4 · 0⤊ 0⤋
No we will still run the world.
2006-08-28 20:15:08 · answer #6 · answered by bjh 2 · 0⤊ 0⤋
get a pill for the depression.
2006-08-28 15:02:12 · answer #7 · answered by TZ 2 · 0⤊ 0⤋
No problem
Bush has a money machine in his backyard...
http://www.strike-the-root.com/4/smith/smith6.html
2006-08-28 22:27:38 · answer #8 · answered by Blah 7 · 2⤊ 0⤋
I doubt it. They'll just put the tax up.
2006-08-29 15:19:48 · answer #9 · answered by bellee76 2 · 0⤊ 0⤋