Clueless about the economy

iVillage Member
Registered: 03-17-2006
Clueless about the economy
175
Tue, 09-16-2008 - 7:37am
Does John McCain really believe that our economy is fundamentally sound? Is this guy out of his freakin’ mind? He is either too old or too stupid to be president. Umployment is down. Wages are down. The price of everything is up. The deficit is up. The national debt is up. Yeah, sounds like the economy is in great shape, John. Perhaps it is time for another tax break for those who make over $250,000 a year. We could use some of that Reagan trickledown voodoo economics about now.
Perhaps when McCain is elected, his new treasury secretary Phil Gramm will straighten all of us whiners out?
The guys seem to be clueless about the economy.

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iVillage Member
Registered: 01-05-2008
Thu, 09-18-2008 - 12:50pm

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And what story originated on DK?

 

 

Guild Member since 2009

iVillage Member
Registered: 01-12-2004
Thu, 09-18-2008 - 12:52pm
Actually, I got my information about the legislation, from the legislation.
iVillage Member
Registered: 01-12-2004
Thu, 09-18-2008 - 12:53pm
I picked it up in the Congressional Record.
iVillage Member
Registered: 08-29-2008
Thu, 09-18-2008 - 12:59pm
So, why did you look up that particular bill?
iVillage Member
Registered: 09-16-2008
Thu, 09-18-2008 - 2:41pm
So I hope they have a lot of bait to teach AIG how to fish - 85 billion dollars is a whole lot of fishing lessons!
iVillage Member
Registered: 07-03-2008
Thu, 09-18-2008 - 2:43pm
The Government
iVillage Member
Registered: 09-16-2008
Thu, 09-18-2008 - 2:47pm
The government, by which I mean the US taxpayer, will only make out well if AIG is able to pay it back.
iVillage Member
Registered: 07-03-2008
Thu, 09-18-2008 - 3:00pm
They have a lot to liquidate from what my Financial Advisor just told me. He said my investments which are annunities are safe. Sure I have lost some of the gains, but he said they should recoupe as long as I stay out with them, but it could take 7-10 years. He also said it won't matter who becomes president, this crisis was years in the making.
iVillage Member
Registered: 03-30-2007
Thu, 09-18-2008 - 3:03pm

First, I have no money so this whole AIG thing is a little over my head.

iVillage Member
Registered: 08-20-2008
Thu, 09-18-2008 - 3:11pm
It's only paper - just print some more!!!

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