Posts Tagged ‘economy’
new jobless falls 10,000-am I supposed to believe the economy is improving?
Question by : new jobless falls 10,000-am I supposed to believe the economy is improving?
I read “new jobless claims fall more than expected” Does this mean the economy is better in any way? Very misleading article Please give me your opinion.
Best answer:
Answer by SDD
Yes. you are supposed to believe the economy is improving. It’s been growing for 21 months now. That’s the definition of “improving”. If the Red Sox win a game this week, they will be improving.
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Building a Clean Energy Economy: Van Jones Takes Your Questions
Van Jones, Special Advisor for Green Jobs, Enterprise and Innovation at the White House Council on Environmental Quality, takes your questions from Facebook and WhiteHouse.gov on green jobs and building a 21st century clean energy economy. He also discusses how we can work with underserved communities to ensure they have access to the benefits and opportunities of a clean energy economy. August 4, 2009. (Public Domain)
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What is the single biggest long-term flaw in the American economy?
Question by : What is the single biggest long-term flaw in the American economy?
What mistake have we been making for the last 40 or so years that has kept real wages from going up at all, despite technological advancements and cheap goods from overseas?
Is it a consumer spending gut? Is it short-term thinking that results in a costly infrastructure in the long run(like buildings that have to be demolished after 50 years)? Is it increases in government spending or regulations(or decreases)? What is the BIGGEST flaw?
Best answer:
Answer by Fakee McFakerson
capitalism.
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How will the crisis among sub-prime borrowers affect the housing market and the overall economy?
Question by eliasulmonte: How will the crisis among sub-prime borrowers affect the housing market and the overall economy?
The American economy is driven first and foremost by consumer spending. Some think that this crisis will trickle down into the rest of the economy and snag businesses and people who have poor credit ratings and limit everyone’s ability to finance large purchases, thus hurting those who are selling those large purchases, thus… well, you can see the dominos… Also, the net worth of the average consumer is sliding as the value of his home corrects. Others believe that this is far smaller than past crises such as the S&L shakedown during the 80′s. The economy then barely burbed. Please give me your opinion, and more importantly, direct me to an interesting article on the subject.
Oh, and one more thing, New Jersey, your property taxes are atrocious, and I’m leaving your economy by the end of the year.
Best answer:
Answer by Leo F
You are right on, the american economy is driven first and foremost by consumer spending. The sub-prime market is greed by lenders. They were and still are lending money to people who have poor credit and no money with ARM and high rate mtg and these people have no business buying a home. How many times have you seen the question here Quote: I have NO money and NO credit and I want to buy a house daaa. Give me a break. They find some lender to put them in a mtg and within 1- years the house is in forclosure. Who didn’t see that comming. I think what we will see from all of this is more regulation on Mtg brokers just like we see in the S&L with appraisers, back then appraiser were not licensed or any laws to protect the public. Someone has to get control of the Mtg brokers and lender that offer all the sub-prime loans, to people that don’t have good credit.
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What would happen, to the economy, to society, if consumers only bought what they really needed?
Question by Nikki: What would happen, to the economy, to society, if consumers only bought what they really needed?
Consumer spending is 70% of the GDP. A lot of that money goes to other countries, so it’s not like we’re employing Americans. Besides, do you really need another widget for your wassis?
Best answer:
Answer by Dick H
I agree. Let’s destroy China by not buying things. That way, we can use the gas they won’t be able to buy because their economy collapsed.
What do you think? Answer below!
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What happens when people and governments acting responsibly is bad for the economy?
Question by STFU, Squirrel: What happens when people and governments acting responsibly is bad for the economy?
October’s consumer spending was a record low. The last few recessions have been overcome by consumers spending (and thus taking on new debt).
Everyone agrees that too many consumers are living way beyond their means. But that spending is also what keeps the economy going.
How is that supposed to be solved?
Best answer:
Answer by Brother Otter
The marketplace and the economy are heavily influenced by one thing: psychology. Confidence to be specific. Or, more accurately, Fear.
When people get scared, they stop spending money. When lots of people do it, the available supply of liquid cash starts to dry up.
When banks get scared, they stop lending money. When enough of them do it, the available supply of short term credit dries up.
Combine not much cash moving around with a lack of available credit and that spells trouble.
Economic troubles are not created by people acting responsibly. Responsible people act like adults and get a handle on their fear; they don’t do irrational, erratic things and behave like lemmings. Responsible people do not spend more than they earn (that latter behavior is part of what created the current mess).
What do you think? Answer below!
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When US consumers spend, we buy imported items. Can our gross consumption-based economy survive?
Question by Earth Needs Oil: When US consumers spend, we buy imported items. Can our gross consumption-based economy survive?
Consumer spending went up last month (good? or bad?). As a result, trade deficit increased (good? or bad?)
Does it make since that we figure out how to produce something that the rest of the world needs?
Best answer:
Answer by Jack
No
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How Unemployment Insurance Helps the Economy
A video explains how unemployment insurance helps those who’ve lost their jobs while boosting demand in the economy.
Video Rating: 4 / 5
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The second wave of mortgage defaults and foreclosures will hit the economy this year
omf.gd ←← You won’t want to miss this high impact, edge-of-your-seat exposé of the men behind the wizard’s curtain that pulled the strings on the global financial crisis and what you can do about it. =================================== [February 11, 2011] PODCAST CONTENTS ★ The welfare state rumbles on in corporate america, ★ debts become more unpayable daily, ★ pondering the metals correction, ★ US Treasury near legal debt limit,
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Economy mercury detox?
Question by : Economy mercury detox?
I strongly suspect, due to various symptoms, that I am suffering from mercury contamination, caused largely by an abundance of amalgam fillings. I have seen detoxification protocols involving the use of prescription / doctor administered chelators such as DMSA or DMPS. Unfortunately, I am unemployed and uninsured, and therefore unable to afford doctors, nor dentists (particularly qualified dentists) for the removal of amalgams. As an interim measure, I would like to find a reasonably effective and economical homeopathic detox protocol that can keep me functional until I can again afford permanent countermeasures. Suggestions appreciated, especially those with sources.
Hi Nate,
Thanks for your feedback. I’m already aware of the ADA’s stance on amalgam fillings. The problem is there is a lot of research that clearly refutes it. I am always skeptical, which is why I’ve studied this quite thoroughly, and the evidence that amalgam fillings emit mercury vapors, which are subsequently inhaled, seems to be overwhelming if not absolutely conclusive. I wish I could afford tests to confirm whether or not it is applicable in my case, but at present, it is not an option, and won’t be until I find employment, which will be difficult without addressing these symptoms first.
Nate,
Thanks for your edit. It was an interesting article. The video he was discussing may indeed be flakey, but even the FDA admits that there is significant mercury vapor from amalgam fillings, and therefore further study is needed to determine whether it is hazardous to health. I’ve read their report to that effect. I’m not saying that I’m certain that it is, nor am I saying I’m certain it is relevant in my case. Since I’m not certain, I’m not in a position to debate it, and that’s not why I posed the question. All I am saying is that I suspect it, and as such I consider it worth my time and effort to try a detox protocol. I am willing to bear the risk that it might not be effective. So, sorry if stating my reason for asking caused confusion, but my only question here is: Is anyone aware of any heavy metal (mercury in particular) detoxification protocols that do not require prescription or doctor administered chelators?
This is embarrassing. I just discovered that my understanding of the word “homeopathic” was entirely wrong. Please just ignore that word in my description above.
Best answer:
Answer by Nate
You’ve self-diagnosed mercury poisoning? Color me skeptical.
American Dental Associations’ view on amalgam fillings: http://www.ada.org/2468.aspx
Homeopathy is water and sugar pills. There are no active ingredients involved – it is magic.
Seeing a doctor (when you can) for a definitive diagnosis would be your best option.
Edit: David,
There may be research that contradicts their position, but not all research is created equal. You have to weigh the quality of research in determining your conclusions, as I imagine the ADA has done.
Here is a good article on the subject: http://skeptoid.com/episodes/4036
Edit: Honestly, if you have heavy metal poisoning you need to get it sorted out professionally. Mercury detoxing is heavily steeped in “woo,” partly because of it’s ill-conceived association with autism. You can find detox protocols easy enough with a Google search, but they aren’t science-based and they’re marketed by con-men to people who don’t actual have mercury poisoning.
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