How much worse do things have to get, before Conservatives will admit that we have a failed economy?

Question

Just because few corrupt corporations are making record profits, does not mean the economy has not failed the average person. Times are tougher for them.

You all need to look around you and chose to believe what you see not what the government tells you. What’s in your wallet?

What about the fall of the dollar?

Answer 1

They will never admit it in public, in private only a few have benefited, and the rest are in denial.

Answer 2

The economy is fine. Basing this question off one or two supposed signs claimed by the media is ignorant.
Un-employment is very low nationally. Some states are high, but look at what those states have done legislatively that drove business out.
National debt is higher than it should be, but we always have a debt, and it always cycles up and down.
The stock market is higher than it ever was during the 8 years under Clinton.
The mortgage crises was self inflicted by the banks. They made high risk loans knowing the people would default sooner or later. They saw the ability to charge higher int. rates to make a lot of money in a short time. Now it has come back to haunt them. Even the companies that provide insurance against forecloses refused to insure these mortgages. That is a good indicator of a loan that shouldn't be given. The banks that made these loans should not be bailed out by the govt. If they go under new companies will take there place. That's the beauty of capitalism.
The trade deficit has always been there.
This question is like having a battle of wits with an unarmed person.

Answer 3

Because you don't work does not make it a failed economy.

Relaxing is fine, but 24/7 365 is just wrong. Get a job and stop blaming Bush for your failures.

The economy is fine except for people that should have been renting in the first place.

Answer 4

We do not have a fail economy. The mortgage default affects mainly the investors in mortgage securities. They are crying for the relief.

The economy did not slump for two quarters in the row. This is the definition of a recession. This is media driven.

Answer 5

I'm a Democrat. The economy is not failing . . . it may or may not enter recession in 2008 . . . since our growth over the last seven to eight years has been largely speculative in nature the recession will most likely be a correction. We get a "recession about every eight years . . . it doesn't matter whose in office.

Answer 6

Wow, what a stupid statement. All the world's woes can be blamed on one segment of the political spectrum, huh? What about Carter? What about the Clintons? I guess they are conservatives in your book. Get your facts straight and stopping viewing the world as black and white.

Answer 7

Those with money think we're fine, those working at mcjobs instead of what they got laid off from are probably not conservatives any more.

Answer 8

You obviously haven't checked the facts. How much sillier can a question get before the asker realizes that they are not being taken seriously. Perhaps the asker is content with being on the fringes of intelligent discussion, looking in.

Answer 9

First I need to see the list that you are claiming is bad. Then of course you need massive unemployment, a stock market that does not rise and rampant inflation. Simply saying the economy is failed when there are no indicators of that is ridiculous.

Answer 10

How about the double digit unemployment of the 70's and odd/even gasoline IF there was even any in the tanks? How about 20% interest on home loans? You have no idea of what bad is. you are complaining because someone told you to. make you look kinda like an idiot, don't it?