Does it seem like our economy is getting better?

Question

i read somewhere the gas prices dropped a little-

not to mention president bush is planning to sign a bill to help out home owners- since many homeowner's with adjustable morgages have lost their homes-

seems like there is some hope-

Answer 1

Yes  I beleive there is hope that it will rebound and be good again my side busines has been terrible this year. I still remain optimistic though.

Answer 2

It's Not Enough to Just Help Homeowners and bail the Banks out.  1st America Needs to Stop Free Trade and Pick up the Pace with Fair Trade...It's a Vast Difference Between the Two.  Free Trade gives unfair advantages to foreign entities. Serious Efforts Need to be made and Return to the Gold Standard.

2nd, Stop Outsourcing Good Paying Jobs, Rebuild Our own Infrastructure and Secure those Borders. Eradicate Identity Theft of American's Identities, causing Consumers to have poor credit ratings.

Educating All Americans regardless of race or gender.  It's everybody's Loss if we don't. Make Education Affordable and Top of the Line by Hiring the Best Teachers for all students and Give them the same Quality of Education the well to do recieve. Teachers Should be paid Decent Salaries, Because they are entrusted with future generations and their success.

3rd Start Drilling our own Oil, harvest shale to be converted to energy.  Make Energy alternatives Less Expensive. Utilize and make use of Nuclear energy.  Keep American Farms Viable to Reduce the cost of food products. Rebuild oil rigs and Improve Solar and Wind Energy uses.  Building Materials for Going Gree should be made cost effective making it accesible to all Americans.

Answer 3

Our economy is so complex that some sectors are rebounding, but it's still a bear market (recession).

The price of crude oil has dropped significantly, could definitely knock another 50 bucks off it though.

The financial sector is doing better (banks).

All in all, the media is focusing on the good news this time around, the economy is going to $%^&... we're due to be bankrupt by 2030... I've read the statements made by the agency that audits the federal government... estimated 10% fraud, shocking insurmountable deficit... if we don't do something drastic, in 2030 we literally won't be able to pay for anything besides earmarked expenditures (like social security... by law these have to be a certain percentage of the budget), and the interest on the debt. That's $0.00 on national defense.

God Bless us all.

Answer 4

I have an online business and I'm starting to see signs of life again from my American customers.

I think things will improve a lot when Obama gets elected - recessions are fueled by a lack of hope and hope is what he's all about.

Answer 5

alhough there does seem to be SOME hope, it will talk a real long while before our economy is actually prospering

Answer 6

WOW, can you tell what is your hard eve dance.

just this weekend 2 more banks closed by the FDIC.

FORECLOSES RATE ARE UP 14 % THIS MONTH

2 OF EVERY 177 HOME OWNERS ARE FACING FORCLOUSERS.

200-300 REIGONAL BANK S COULD FACEING LIQUIDITY ISSUES.

IRAQ QUCCUPATION WILL COST 7 BILLIONS DOLLARS EVERY MONTH.

COST OF FOOD STILL HIGH AND WILL KEEP GOING HIGHER.

GM ARE BEEN TO FORCE TO SELL OR CLOSED ANTHER 7 PLANTS---MEAN THOUSANDS OF JOB WILL BE LOST.

FORD JUST LOST ANTHER 8 BILLIONS DOLLARS LAST QURATER.

DOLLARS VALUE KEEP GETTING LOWER ..AND LOWER

HOUSES PRICES ARE DOWN ANTHER 9% THIS

QURATER

USA GOVERMENT KEEP PRINTING MORE CURRANCY --HIGHEST LEVEL IN USA HISTORY.

CREDIT CRISES WILL NOT BE GONE WHEN THIS BILL SIGN BY .

INDY BANK COST THE FDIC 21% OF THEIR TOTAL LIQUIDATY.

WALK UP PLEASE AND SMELL THE COFFEE.

IT'S UGLY PICTURE OUT THEIR.

Answer 7

Ignore gas prices really...they're fluctuating since we're using less and other things like ethanol. The real estate industry doesn't seem to be improving dramatically either.

Answer 8

The bill is going to allow homeowners to have mortgages that are going to be backed, not paid for, by the government.  They will still have to qualify for the program and they still have to pay their mortgage or lose their homes.

It won't do anything for those who have lost their homes or homes in foreclosure.  Its more like Uncle Sam is cosigning and the mortgage company can now write a proper mortgage at a prevailing interest rate, instead of the hanky panky that's gone on in that industry.  The homeowners never see a penny.  It took two weeks of plunging prices to bring gas down a few pennies. Lets remember it closed around $124. Which is still way higher than it used to be.  Bankruptcies are up and job losses are up.  Worse, two more banks closed on Friday.  

They are throwing teacups on a fire.  All we can do now is wait it out.