i ofter hear people say "We have a booming economy". Not just a so so economy or a good economy, but a "booming" economy.
I would like for someone to do this for me.
Could you list out 5 reasons you believe we have a booming economy from the point of view a typical american family?
2007-08-28
21:06:16
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9 answers
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asked by
bush l
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Politics & Government
➔ Politics
or is it possible that this is yet another propanda tactic by those who wish to keep the wool over the eyes of americans and tell them that the moisture they feel on their backs is rain and not someone relieving themselves.
2007-08-28
21:13:37 ·
update #1
The booming economy is a myth. No one will give you a list, since a list does not exist.
2007-08-28 21:21:27
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answer #1
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answered by me 3
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Booming economy. We're getting the goods from all over the world, and we're spending a lot of money. That's two. I don't have five.
However, there is no propaganda as I know it, I haven't heard anyone talking about a booming economy, in fact, the media has been playing down the good side of our economy, talking instead about the deficit, (the deficit is irrelevant to the economy, if you read Adam Smith or any other good economist) and the prices in housing going down as a bad thing.
I know you're probably looking for more of a rant on propaganda, and the George W. Bush, and stuff like that. But sorry, I just provide the truth. You can give me a thumbs down for that.
2007-08-29 04:35:44
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answer #2
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answered by TheUber1337 2
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I have talked with people all over the country. The economy in some parts of the country is doing well. In others, like the mid-west, it is in recession. Unfortunately for me, I am in the mid-west. I can attest to a declining net worth.
The problems in the mid-west are directly related to the export of jobs overseas.
2007-08-29 07:40:36
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answer #3
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answered by Overt Operative 6
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I work for a company who is swamped with work right now...mandatory overtime and they just reinstated double time on Sundays(I still won't work Sundays though), been hiring people starting with temporary help, but now hiring only full time employees...I work for a huge corrugated company which makes the machines that make the packaging and boxes for other companies....SOMEONE is needing boxes to ship their merchandise in since there is such a demand for our machines....we see how the economy is alittle ahead of time....when we slow down, you can count on the economy slowing down in about six months...but for now, we are going gang busters like I've never seen before.......but if you want to believe the economy is so bad go right ahead, it will get better if a lib gets in the white house.......NOT!!
2007-08-29 05:00:08
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answer #4
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answered by greatrightwingconspiritor 5
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The present 'boom` is artificial.
The economy will 'boom` until the credit runs out.
It'll probably just about make it till November.
2007-08-29 04:41:32
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answer #5
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answered by Irv S 7
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You have a job! Only reason you need!
1. We have "Full Employment"
2. Inflation is low
3. Not in the Clinton caused ressesion of 2001
4. Had the opportunity to purchase or refinance a house at a low intrest rate.
5. Poverty numbers came out today and they are lower
2007-08-29 04:09:00
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answer #6
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answered by Anonymous
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record dows meaning business are expanding
low unemployment as labor union thugs are being forced to look at outsourcing as a reality
two tax cuts
production orders are up
houses are more affordable
get a life liberal..you lose on this one.
2007-08-29 06:42:57
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answer #7
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answered by koalatcomics 7
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The only "booming" I heard was the boom! in September 11 and I guess over the Iraq war, so far poverty has spread all over the nation, destroying the middle class and living rich and poor only... thanks George, we'll never forget you,no, really!
2007-08-29 04:12:21
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answer #8
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answered by sea link2 4
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Insanely low unemployment
Soaring stock prices
Falling poverty numbers
Increasing median Income
Low interest rates.
wow that was tough.
2007-08-29 05:41:20
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answer #9
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answered by Avatar_defender_of_the_light 6
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