wouldn't it be more accurate to say your finances are booming? Do you forget that there are other people besides yourselves living in America?
2007-11-13 03:50:12 · 9 answers · asked by Lisa M 5 in Politics & Government ➔ Politics
I don’t think the Republican nominee will run on the basis of a “booming” economy because that will insure defeat for the Republicans. People will put up with but so much propaganda. When it comes to their real finances and financial outlook, most voters would find such a stance actually insulting.
2007-11-13 04:00:41 · answer #1 · answered by tribeca_belle 7 · 2⤊ 1⤋
It's all about America's spending report. It has nothing to do with booming finances. People deep in credit card debt and hiked to their tonsisl in loan debt, still boost the economy by their continued spending. That could be the millionaire but more than likely, it's the person making minimum wage.
2007-11-13 11:57:38 · answer #2 · answered by Anonymous · 3⤊ 1⤋
WASHINGTON - The economic costs of the wars in Iraq and Afghanistan are estimated to total $1.6 trillion — roughly double the amount the White House has requested thus far, according to a new report by Democrats on Congress' Joint Economic Committee.
The report, obtained by The Associated Press and scheduled to be released Tuesday, attempted to put a price tag on the two conflicts, including "hidden" costs such as interest payments on the money borrowed to pay for the wars, lost investment, the expense of long-term health care for injured veterans and the cost of oil market disruptions.
The $1.6 trillion figure, for the period from 2002 to 2008, translates into a cost of $20,900 for a family of four, the report said. The Bush administration has requested $804 billion for the Iraq and Afghanistan wars combined, the report stated.
2007-11-13 11:57:03 · answer #3 · answered by Deidre K 3 · 2⤊ 3⤋
The economic metrics determine a "boom" in most circles. Currently we are in a very slight recession. Over hyped by a housing slow-down and credit "crisis".
2007-11-13 11:59:29 · answer #4 · answered by TexasTrev38 5 · 3⤊ 1⤋
Good point. In any economy, even a depression, there will be people that make money.
The Bush Economy is not favorable to the average American.
college tuition has doubled
health insurance has doubled
gas has doubled
real income is the same as when he came into office.
average Americans debt is at all time high
average Americans savings is at all time low
bankruptcy records have been set a number of times
foreclosure records have been set
etc, etc, etc................
2007-11-13 12:01:09 · answer #5 · answered by truth seeker 7 · 2⤊ 3⤋
Weak dollar.
Oil price.
Debt tsunami.
Worst real estate market decline since WW I.
Does that spell economic booming?
2007-11-13 12:25:46 · answer #6 · answered by Milanese 2 · 1⤊ 2⤋
My fiancee has a job working with foreclosed real estate law. Her business is booming. I can't complain.
2007-11-13 12:03:30 · answer #7 · answered by Anonymous · 2⤊ 1⤋
my finances aren't booming. In fact, they're pretty much about where they were three years ago.
still, 4.7% unemployment sure seems to beat the average European situation, doesn't it?
:-)
2007-11-13 11:59:24 · answer #8 · answered by Spock (rhp) 7 · 6⤊ 2⤋
Yes, no. All of the economic indicators I see show we are doing better and better.
2007-11-13 11:57:07 · answer #9 · answered by davidmi711 7 · 4⤊ 1⤋