Comments on: “Economic Stimulus” Doesn’t Include American Jobs

By: Mortgages - Carlyle Capital Default Spotlights Mortgage Market Problems - Banking Blogs, Expert Advice on Goldparked.com

Sat, 07 Jun 2008 02:56:59 +0000

[...] do we go from here? I’m not sure there really are too many places to go. Economic stimulus is just a pipe dream at this point. The best you can do is cut back on your spending, hold on, and [...]

By: USFXIB.COM » Blog Archive » US Dollar Forex Trading Forecast: $200 Billion Fed Plan Won’t Work

Sun, 23 Mar 2008 13:51:02 +0000

[...] problems remainYesterday saw a rally in the US dollar in currency trading on the FX market as the $200 billion Fed plan created a sense of optimism amongst stock traders and even currency traders. However, the US dollar [...]

By: Carlyle Capital Default Spotlights Mortgage Market Problems - Mortgage Rate News - Banks.com

Thu, 13 Mar 2008 15:35:58 +0000

By: miranda

miranda — Wed, 12 Mar 2008 18:02:27 +0000

Unfortunately what we’ve got is a sort of socialized capitalism in which many large companies are subsidized, but they still get a great deal of “free market” type freedom. With Fed trying to influence and manipulate the economy as we go.

You’re right, though, that the current viewpoint that “trickle down” Reaganomics don’t actually result in a growth at all economic levels of society.

True job creation would be a step forward.

By: US Dollar Forex Trading Forecast: $200 Billion Fed Plan Won’t Work

US Dollar Forex Trading Forecast: $200 Billion Fed Plan Won’t Work — Wed, 12 Mar 2008 18:00:32 +0000

By: Anne Wayman

Anne Wayman — Wed, 12 Mar 2008 17:58:29 +0000

Amen! We need to dump Reganomics and the whole notion that free trade unregulated works and go back to creating real jobs in this country…

By: miranda

miranda — Wed, 12 Mar 2008 14:47:22 +0000

Oooooh. Yes. I’ll put it in my docket (I’m already answering another question today).

By: Jennifer Hofmann

Jennifer Hofmann — Wed, 12 Mar 2008 14:30:03 +0000

“Well, if you have a sick sense of humor (like mine) the funniest thing that can happen is that people won’t spend the money and that those odd living approaches that embrace recycling, thrift store purchases…”

Exactly! Sometimes I feel like an alien when I mend my clothes and cook my own breakfast!

It might be another post, Miranda, but could you say more about “if the gov’t is going to meddle, they might do something more effective.” What kinds of things would you do?

By: Miranda

Miranda — Wed, 12 Mar 2008 11:58:17 +0000

If only, Miki, if only! If they would save it, or make some well-chosen investments, it would be a good thing. Consumer spending has always been an economic driver, but our money system also used to be based on tangible assets.

Also, it used to be that we had a more stable economic cycle. Now we expect no cycle, but constant growth. That actually makes the economy more unstable.

By: Miki

Miki — Wed, 12 Mar 2008 05:08:37 +0000

Well, if you have a sick sense of humor (like mine) the funniest thing that can happen is that people won’t spend the money and that those odd living approaches that embrace recycling, thrift store purchases, NO purchases, local food, etc. really catch on and “they” will have to find another driver for the economy as a whole.

What the heck drove the economy BEFORE consumer spending?