What do you think of the economy today?

Answer 1

it's going to the dogs. america takes takes takes, maxing out our credit cards, going into debt for that fancy car, and we think that all this means america is ahead of the world with our outlandish spending habits. the fact is, the worth of the american dollar is going downhill fast. a big part of the problem is our president, mr. Bush. whenever he want's something done, he just gets a bunch of money printed up, and shoves it in whoevers face, like it was monopoly money! and that's what it is becoming, eventually, it won't be worth anything!! when that happens, america will be caught off gaurd, just like when the stock market crashed, and when pearl harbor was bombed, and the trade centers. we'll fall into a deep depression, and some country will come and take over, probably China, or North Korea.
yep, that's what we have to look forward too.

Answer 2

The economy is America is fake. The wages we earn are not representative of the value of our work. CEO's make 160 times as much per hour as the average worker. So, for one hard working waitress, for example, she makes 10.00 per hour, more of less, while the CEO makes 1600.00 dollars. This is not representative of our daily reality.
Why should some guy make 1600 dollars per hour for running an Electronics Company which builds internal computers for automobiles while someone else serves meals to hungry workers that work in this man's cooperation and make only ten dollars per hour? It makes no sense in terms of justice or fairness or rightness. Remember, this lowly waitress also raises the Corporation work force also. Our economy is like this right now in many ways, and as a result it is a fantasy economy and ultimately dangerous for the people that depend on it.
It will fail us all at some point, with terrible consequences, think 9-11 type consequences.

Answer 3

I think the income disparities between the wealthy and the poor, when there is no middle class left (coming soon), and when industries approach 100% efficiency, that the wealthy captains of industry will be able to build anything for next to nothing, but that their continued demand for profits will render the products too expensive for anyone. That will ultimately lead to the collapse of our society. Since 100% efficiency is impossible, I predict that collapse will occur sooner rather than later.
Statistics indicate that my household income is average, but it seems like other people have more 'stuff.' I tend to believe they are buying all the 'stuff' on credit, which is a vehicle I think will accelerate our mad race to destroy ourselves.
How long will people in our society over-leverage themselves to buy things they can't afford and which only depreciate in value once bought?
How long will American companies continue to ship jobs overseas and complain that Americans won't buy their products?
There is plenty wrong with our economy. I'm not fooled by record stock prices, which merely indicate that equity investments are up, which creates a vacuum somewhere else, like consumer discretionary. And someday, of necessity, equity investments will go down, when people decide they want to buy more 'stuff.' All of that means very little to anyone (most Americans) who is working for a living and sees their cost of living and their productivity/job loading increasing as their wages remain stagnant.

Answer 4

sorry to inform u of only my opinion but there is no economy: the players are stacking mega blocks of corporate thiefs and what ever vehicle they can to off set real debts with percieved economical assumptions in the market, the economy was a study of bell curves or reliables, but today with the tisasamis the took 350,000 lives and the damage to the new orleans and texas and the facts that facts can't deal with an obsentee government, we go with out because of dedication to war and we don't want to sacrifice for this if we can't afford the war then stop the war. it is that simple and no one will argue with a battle field that is empty. we can't address domistic needs and changes in real time, example:157,000 bridges in our country that are failing apart and are causing three trillion dollars a year in delays and 4 million hours of sitting in traffic,because the new people are plugging up the world and the old bridges were never meant for four lanes and all are out of date. their screaming for more roads in california just so more people can use them there are no where to put more cars there unless there are more roads, just like the schools will never be able to keep up and the money is gone for war and i was born in it in 1943 and was all most starved because of the unbearabliness of it and the consequinces of it and the economy then and we were promised things that never came for the efforts that the home front would go with out in order to win the war, we don't hurts so bad over the losses as much as the sting of through people who will> never< have to suffer for the causes they are so damn rich that they don'y care who wins ever they just keep on making money and the poor are poorer and the richer richer today than ever the divisions of wealth are even more one sided because of losses of unions increased low wages to make the 16 to 1 ratio that is the economic difference between us and mexico not even a bargain chip for us if the mexicans stayed home at sixteen to one doesn't mean there are sixteen good jobs for us that just means probably sixteen bad job are here we are loosing what isn't worth having because they don't have an economic principal that has americans for a principal they have a bottom line in corporate language that doesn't speak english anymore so you will get your economic learning from an assisting bilingual place in the near future the health care system is a mess cause of the economic system is a mess cause the injuries can't be paid for in real money so the injured still work and the handicapped still, i see people every where that have no government to turn to over being humbled by injuries far sooner than the companies they work for have given them anything to stay working with or for both items fail to provide under the duress of international threats and i have never seen an end to it seen i was born so there never will be an economy it will all ways be a poverty nation, have even less places to fit in a world where the immagent today we only want the jobs other americans don't want will just to make a long story short there are no holes in the cheap program that we had here other than dumping americans for minumum wage and the rest of the world will try to assume something of a new bottom line but it will not be an economy but rather the last man bottle to keep the lights on as long as they can and scalp the opportunties be fore the big collapse, rome collapsed in the 5th century over influx of supporting foregiener increases in population, we don't have to be conquered only beaten by embarresment blowing for saving the world and loosing our countries demacracy trying to do it.. i ran for politic on that platform once that tomarrow never gets here it is stuck on payinbg for tomarrow today and we dont get tomarrow it's just a hand me down of yesterday, cheap shot for the long wait for the american dream and it was supposed come with an economy,

Answer 5

Overall, it's pretty good. The stock market is up, unemployment is down, GDP is growing, inflation is relatively low thanks to lower gas prices, etc.