and where are we headed ?
2007-09-05 19:02:19 · 5 answers · asked by dan m 6 in Social Science ➔ Economics
What am I supposed to think about an economy where the rich get richer and the poor gets poorer?
And doesn't the top 10% or income earners make more than the bottom 90% or someting?
2007-09-05 19:21:43 · answer #1 · answered by Sweetie Pie 2 · 0⤊ 0⤋
Does not matter if is Demo or Rep, is all the same. You have to go once in a while in the world and kick the anthill to get the stuff going. History tells you many times over. We get involved on wars in some odd ways. Research on the sinking of the Maine, The Lusitania and so on. Each time there is a war we get shown a Boogie Man. Hitler, Aidid, Osama, Noriega, Ho Chi Ming and may more.
If you want the public to support you, create a common bond and do not forget... a Boogie Man! According to Hurst and Pulitzer, they deliver the Hispanicamercian war. All they have to do is plaster it all over the news papers and the war was deliver to the masses... It happens 100 years ago, and history repeats itself.
Later on the economy will bounce back up again and we all forget about it. Except me....
2007-09-06 02:20:42 · answer #2 · answered by spammer 6 · 0⤊ 0⤋
The U.S. economy is the strongest in world history. Low unemployment, steady productivity growth, increasing wages, etc. After a long run it is slowing and may or may not end in a recession.
The greatest risk to recession is government intervention, especially tax increases and increased regulation - both of these are high on the agenda of democrats, so if they take the White House and increase their numbers in Congress, a recession is virtually guaranteed.
2007-09-06 02:12:46 · answer #3 · answered by Doctor J 7 · 1⤊ 0⤋
We are in a poor state and heading for a depression.
2007-09-06 02:06:55 · answer #4 · answered by the old dog 7 · 1⤊ 1⤋
my take on it is we are in crap and its getting deeper
2007-09-06 02:13:01 · answer #5 · answered by janet 3 · 0⤊ 0⤋