English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2007-10-04 14:07:39 · 2 answers · asked by Anonymous in Social Science Economics

2 answers

There will probably be a recession next year so by 2010 we should be well on our way to recovery. The trade balance will be better because the lower dollar will decrease imports and increase exports. Housing prices will have stabilized and the mortgage crisis will have ended. Taxes will have to increase somewhat to because the surplus in the social security trust fund is shrinking and will no longer be available to cover deficit spending by the government.

2007-10-04 14:41:35 · answer #1 · answered by meg 7 · 0 0

I think that we will go through a revolution. Our country is being run by mindless beauties. Many are conforming and trying to be the same. We are growing from this ideal of being different and unique and now we all strive to be alike. This American Dream we have- the wife, the 2 kids, and house with randy car.... what is happening is it is only being kept alive by other countries. This war we have is costing billions of dollars, and oil prices are increasing. Increase in oil means airfare goes up to compensate for the raise in oil costs, as well as you digging into your pockets to pay for the amounts. This is because our country can not live without cars. It's an easy way of transportation and most would rather drive three blocks than walk it. We spend more on going to restaurants and McDonalds than making our own food. Probably why there is so much talk of obesity. Taxes are going up as well, and we can't keep with it. Why? Cause the rich are buying out the middle class thrusting the middle class into the poor. Banks are dipping into their Federal Reserves and are loaning more money than they should. The former generations had it right- Social Security, Education Funds, etc. Now, we are all consumed by being rich and spending so much that we are setting ourselves up for for our own demise.

2007-10-04 21:28:43 · answer #2 · answered by Double the trouble. Twice the fun! 5 · 0 0

fedest.com, questions and answers