things are going to get worst

beretta1071@gmail.com wrote:I fear things will only get worse. With the cuts the government is making, more people will lose their jobs, people that work for companies that contract with the government,. I believe we are in death spiral and more people are going to lose their jobs, and their is going to be much more suffering and misery.

Who will have the money and steady jobs to buy cars, furniture, other luxury items. With less consumption comes less demand, less hiring. How this will end who knows, but it will not be pretty. I'am go glad that i own guns, crime rate is going to skyrocket.

jmainframe wrote:The "rally" in the stock market has been artificially created thru electronic stock transfers appearing on brokerage statements with little real money to back it in an economy where billions, maybe trillions of dollars can never be accounted for at any given time. It's a Ponzi scheme that would make what Bernie Madoff did seem like stealing $1 out of his grand kid's piggy bank.

So far, the only ones there making money are the brokers (who can't spend their money fast enough) and not the investors. If there was ever a run on investors to sell, the whole thing would collapse like a house of cards.

sunshiney wrote:Amen to both of those comments. What I want to know is when is all this downward spiraling going to stop? The media says the economy is showing improvement but where???

smindles wrote:Know who are the primary vendors to companies vs the 2nd or 3rd 7/11 vendors that will not being you success. I need to say this after all these years? Come on friends.

Springflowers wrote:

beretta1071@gmail.com wrote:I fear things will only get worse. With the cuts the government is making, more people will lose their jobs, people that work for companies that contract with the government,. I believe we are in death spiral and more people are going to lose their jobs, and their is going to be much more suffering and misery.

Who will have the money and steady jobs to buy cars, furniture, other luxury items. With less consumption comes less demand, less hiring. How this will end who knows, but it will not be pretty. I'am go glad that i own guns, crime rate is going to skyrocket.

Stores are already closing, Ive heard Sears, Radio Shack, Olive Garden, and many other businesses are in trouble. I left one town that ended up with everything closing up and now I am seeing it here...and its depressing.
No one has any expendable income for consumer goods. These corporations who sold this country out for cheap labor, were so so so stupid, they couldn't even figure out that once no one made any money, that they would not be buying their products. I guess Obama can take more million dollar golfing trips at tax payer expense while cutting help for the disabled and old and limiting benefits to veterans.

DesperateInRI wrote:.....simple economics! What part of that do our great leaders not understand???? Robert Reich and Paul Krugman have been saying it for over 4 years now! Why hasn't anyone paid attention?

beretta1071@gmail.com wrote:I fear things will only get worse. With the cuts the government is making, more people will lose their jobs, people that work for companies that contract with the government,. I believe we are in death spiral and more people are going to lose their jobs, and their is going to be much more suffering and misery.

Who will have the money and steady jobs to buy cars, furniture, other luxury items. With less consumption comes less demand, less hiring. How this will end who knows, but it will not be pretty. I'am go glad that i own guns, crime rate is going to skyrocket.

Springflowers wrote:What is going to happen to a country where only the well-connected and heeled can even get decent employment to make ends meet and support a family? It's not going to be good to have most of the population struggling. Around here, they are closing even LONG TIME BUSINESSES.

jmainframe wrote:

Springflowers wrote:What is going to happen to a country where only the well-connected and heeled can even get decent employment to make ends meet and support a family? It's not going to be good to have most of the population struggling. Around here, they are closing even LONG TIME BUSINESSES.

When complaining to our elected representatives (which we have done time and again) fails to get results, it will ultimately lead to civil unrest and violence. At that point, I suppose we'll see just how stable our government, police force, and society really are.

pbrad009 wrote:People, things will get better. A lot of it is in your attitude and outlook.
Government cuts have nothing to do with your well-being. So keep your chin up, keep moving forward, go out there and make it happen. Every cloud has a silver lining.

The guest who posted the "cry me a river" animation should have his experience at unemployment. He is most likely a  TEA party hack or a Rush Limbaugh ditto-head who thinks we are "funemployed" and that we should just follow our dreams. Let him live on nothing, then maybe he will change his pants.

If Sears or other long time businesses fail, then another one will come in and take their place. Then more jobs will open up.