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sub-prime mortgages causing a major sell off of housing, manufacturing falling, the most massive government and personal debt figures ever, having to borrow even more money to expand the war, loss of international popularity!!

2007-03-18 20:31:26 · 3 answers · asked by Anonymous in Social Science Economics

3 answers

It's not robust at all.
The Shrub will leave the USA in a lurch when he is ousted in 2008.
Good luck

2007-03-18 22:12:27 · answer #1 · answered by Croa 6 · 0 1

Who cares about international popularity? We were real popular under Bill Clinton, and the result was a series of vicious terrorist attacks every couple of years, starting with the first basement-bomb in the WTC and culminating in 9-11. I'd rather be unpopular and NOT have gangs of terrorists blowing up our buildings, which has been the case now for 5 1/2 years. An American doesn't care about pleasing some European appeaser.

To your answer, the economy is exceptionally robust, as you can see from this minor crisis with companies that lend mortgages to people with bad credit. Aside from affecting those companies themselves and making the news media hyperventilate, this problem is not really having much of an impact on anything.

As the U.S. economy and its population continue to grow strongly, then all the economic numbers grow -- income, tax receipts, budgets, assets, net worth, and debt. Yes, rich people have higher quantities in all these areas than poor people, why do people continue to be surprised by that?

2007-03-19 10:25:34 · answer #2 · answered by KevinStud99 6 · 0 1

we were never very popular to begin with we always were the upstart little kids down the block compared to most of the older countries. we are still seen as the pleasure before work little children stomping around the yard cause our daddy makes money. like paris hilton. we have also forgotten how hard it was to get free the millions of people lost in the revolution war to the civil war some forget how many lost their lives to bring that freedom and how we have broken ground or have tried to break it in race relations. now we are getting so PC we are afraid to offend anyone. if our fore fathers were so afraid to offend we wouldn't have had the revolutionary war or the civil war. yes we try to police to much what others do but we still keep the kiddie gloves on so much. I.E. we are so worried how we treated our prisoners (granted I think that should never have happened) but we want the mid east to go on as usual with thier leaders hacking off heads with hack saws then sending the video to their families. America and Canada for that matter are on a leading edge of trying to be the best we can be with everyone but the rest of the world still sees nothing but an upstart kid. we have alot of work to do like making corporate america accountable for it's actions. past and future. we have an oil tycoon in the white house and now we have gas 3 dollars a gallon or more do we see a connection? we take the oil from the mid east and the company who "Slick Dick" Cheyne used to work for/manage gets the contract bid. any connection? we were right to go after the terrorists but we went for the oil instead that is the problem and before you get on a high horse that we shouldn't question the government. if we didn't we would still be british.
our business practices need to change for America to get it's change. I have a big thing on this but it is to much to write here

2007-03-19 03:55:48 · answer #3 · answered by Bear_Polaroid 3 · 1 0

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