Recession near end, what will be...
Registered User
Joined: May 2008
Posts: 11,074
Likes: 0
From: All up in your inner tubes. Whatcha gonna do sucka?
Originally Posted by WarrenW,Oct 4 2009, 09:48 PM
I hope the F so. I could use the work.
Don't think the recession is over...
job market still shedding thousands of jobs per day...
my industry is directly related to how the economy is doing, construction, and we aren't doing so hot right now...nobody is even with the stimulus, which I have yet to even see a job that has stimulus money on it....
I hope I am wrong but I think the market will drop again between now and February 2010. You have steady job losses, steady to increased spending, and the government is monetizing debt. Not a good scenario...they are barrowing from Peter, to pay Peter and Paul...lol. I shoudn't laugh really...i think its going to get worse..hope I'm wrong.
job market still shedding thousands of jobs per day...
my industry is directly related to how the economy is doing, construction, and we aren't doing so hot right now...nobody is even with the stimulus, which I have yet to even see a job that has stimulus money on it....
I hope I am wrong but I think the market will drop again between now and February 2010. You have steady job losses, steady to increased spending, and the government is monetizing debt. Not a good scenario...they are barrowing from Peter, to pay Peter and Paul...lol. I shoudn't laugh really...i think its going to get worse..hope I'm wrong.
I agree with a lot of the above skepticism of the end of recession talk. That being said, if we do get this fail boat of an economy turned around anytime before 2012, we will see a lot more lawyers and government workers. In the tech fields, besides Apple and Google, I see biotech and telcoms growing strong.
Originally Posted by WarrenW,Oct 4 2009, 07:44 PM
Higher taxes in CA? But you have a REPUBLICAN Gov! The Repubs are supposed to cut taxes then cut them again and again and...
Originally Posted by Sogno,Oct 4 2009, 02:27 PM
The 'recovery' is artificial. Print & pump that many dollars into the economy and it's got to make a difference, however, the difference it made was artificial. Watch for the next recession in 2011, and it's not going to be pretty.
I'm not a conspiracy theorist, but I can't help but think Obama is setting us up for failure. Not trying to start an argument - time will tell, and prove me right or prove me wrong. I sure hope I'm wrong.
Sorry to go off topic - next industry - that's difficult to predict, but when we do recover, I'll say nano tech.
I'm not a conspiracy theorist, but I can't help but think Obama is setting us up for failure. Not trying to start an argument - time will tell, and prove me right or prove me wrong. I sure hope I'm wrong.
Sorry to go off topic - next industry - that's difficult to predict, but when we do recover, I'll say nano tech.



x2





