when so many people were saying the economy was turning around.. and that Bush's policies just took time to take effect? Where are they now?
"The The deficit in investment flows — meaning that the United States is now having to pay foreigners more than Americans' earn on their overseas investments — rose by $1.6 billion to an all-time high of $3.8 billion."
"The
Commerce Department reported Monday that the current account trade deficit increased 3.9 percent to a record $225.6 billion in the July-September quarter."
http://news.yahoo.com/s/ap/20061218/ap_on_bi_go_ec_fi/economy
2006-12-18 02:26:46 · 7 answers · asked by pip 7 in Politics & Government ➔ Politics
another fact for you guys.. the economy took a record jump the day it was declared that democrats took both the house and the senate.. because consumer confidence rose.. hmmm. (from NPR)
2006-12-18 02:40:12 · update #1
Statistically speaking, you are not going to get a respectful answer from the Republicans/Conservatives. A simple look at questions will reveal that on the "hate scale", they are winning by at least 5 to 1.
If they wanted to talk information about the Bush economy, they could tell you that:
college tuition has doubled in last 6 years
health costs have doubled in last 6 years
national debt has nearly doubled
"real income" has gone down each of the last 5 years
record surplus has been replaced by 5 record deficits
personal savings at all time low
personal debt is at an all time high
where is the economy turning around?
2006-12-18 02:43:59 · answer #1 · answered by truth seeker 7 · 1⤊ 1⤋
I've got a question for you...How are you doing personally? My guess is your doing quite alright. My guess also is that you have no idea what these numbers mean. My guess is that you take the things you hear, and because they sound bad or look bad you automatically assume they are. As far as the investment flow, don't invest overseas. Why not keep your money here at home. Investment flows means which direction is the money going, in or out of the country. This also means that foreigners feel it is safe to put their money in the U.S. markets. Why is the stock market hitting all-time record highs every week, and why is your station in life alright? I mean with the economy in a downward spiral and all. I would think people would be spending less money this holiday season and yet here it is and people are spending just as much if not more. So tell me again how bad the economy is?
2006-12-18 02:36:48 · answer #2 · answered by Anonymous · 1⤊ 0⤋
These things aren't what you judge the state of our economy on soley. During the Clinton adm our trade deficit was 200 billion often. Our employment is at an all time high, unemployment at an all time low. Interest rates on savings are rising, etc. You are trying to hard to discredit good news. You should be happy.
2006-12-18 02:34:46 · answer #3 · answered by Mercadies2000 7 · 0⤊ 1⤋
If you are not doing great n this economy you are a loser who maybe should consider suicide.
These investment and foreign debt stories have been around as long as I have been alive.
2006-12-18 02:29:30 · answer #4 · answered by Anonymous · 1⤊ 1⤋
Now that the Yahoo news message boards are closing, all the kooks are coming here.
2006-12-18 02:34:54 · answer #5 · answered by Anonymous · 1⤊ 0⤋
i agree they are in hiding no one want to admit when there wrong
2006-12-18 02:29:23 · answer #6 · answered by ? 6 · 1⤊ 1⤋
You are a FUC%ING MORON!
2006-12-18 02:30:31 · answer #7 · answered by Gloom and Doom 1 · 0⤊ 1⤋