Do you believe that the American Goverment may go in another Great Depression?

Question

All these elevated prices and our economy sucks.

Answer 1

I personally believe that the corrupt officials of our governemnt want this country to go into another depression because thats the eqivalent of grabbing us all by the balls and squeezing. Weight the facts for a second, OPEC charges us 130 something dollars for one bbarrel of oil. Now because the dune coon live in a very arid place where they cant really grow that much types of food, we trade to them grain and other food stuffs. Guess how much we charge them for one barrel of grain? Seven dollars for one barrel of grain. Now, it occurs to me that if the governemnt really cared about our economy theyd put two and two together and go "HOLY ****, were getting fucked in the *** and we CAN do something about it, raise the prices of food to a price they cant afford and make them pay for the difference in oil!" Now theres only one of two outcomes for this, either the government is run by a bunch of inbred morons who literally dont know their asses from a hole in the ground, or something they dont want us to know about is going on. Since the fact that theyre so stupid it hurts is not likely, theres only one other way to put it, somebodys *******. In the words of Lewis Black, "Its like youre in a hotel room somewhere and you can plainly hear someone *******, but you dont know where." That is what our government is doing. Cmon, were the greatest country on the planet man, if somebody in a position of power REALLY wanted to do something about the economy and the gas prices that are destroying it, we would never have even known about this problem because it wouldnt exist. Our country is turning on us, slowly but surely, one day it will be publicly known and announced by those in charge that we are no longer a free people.

Answer 2

If we do it will be because of oil interests,both here and over there, and the massive war debt accumulated by the Republicans and the reluctance of the Republican deregulators to assume any responsibility for the fraudulent loans that devalued the housing market. If you really want to s***w up an economy just let it roll right over everybody without any concern for future outcomes. Its' a great way to rake in quick profits, particularly if you can blame any failure on naive people eager to purchase their first home. I just love the Republicans, don't you? Also, I agree with Kalei-O... above. This is what happens when too much money is in too few hands- for some it is never enough even if they have to sell their country out.

Answer 3

No the Government will not go into a depression. Our economy goes into depression all the time. Will it ever be like the great depression of old? No.  

There is another possibility of something worse than a depression let me explain by having you check this link.

http://rds.yahoo.com/_ylt=A0oGkmfoJ2RIP6...

/SIG=127p8jbil/EXP=1214609768/**http%3...

As you can see the risk of losing our country through the control of our top Fortune 500 companies to foreign buyers. It has already started.

Answer 4

The economy is in a great danger of sliding into another depression.  It's been a long time and things don't look good.  The DOW was down over 300 points today and has been sliding steadily recently.  And, inflation is out of control, production is down, etc.

I'd say we're heading toward one.

Answer 5

If Obama loses the election...then we're screwed.

Answer 6

No.  A government does not go into a depression.  An economy may fall into a depression.  The US economy is still going up.

Answer 7

Only if we elect another Republican as President...

VOTE OBAMA in '08!!

Answer 8

Economies, not governments, go into depression.

Answer 9

Your question is based on media nonsense and not on reality.  While the economy is having some issues (all economies go through cycles), we are no where near a depression.  The threat of a depression will only rear its ugly head if we elect a racist ex-crack head class warfare poverty pimp to lead this country.

Answer 10

May?

Answer 11

Right now things are eerily similar to the late 1920's when captilism was unregulated much like the oil speculators today only having to put up 5 percent to trade.  These record oil prices are being artificially driven up as these speculators are not having to put up the money except for the 5 percent.  In the 1920's  people could buy stock by only a 10 percent upfront and the rest on margin.  What then happened?  The market crashed and on came the Great Depression.  Are we seeing that today?  The signs are there.