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Are you worried about the economy?

Are you worried or cautiously optimistic about the economy?

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Comments (3)

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Doug Johnson said:

With the price of fuel, I think there is some concern. Panic no, we must ignore the press, who's job is to talk down the economy, to help liberals get elected. Seems only yesterday, we were told buy the press, elect liberals in 2006, and they will bring fuel prices down, and will end the war in Iraqi. I sitting here looking at my profane bill, $2.58 a gallon. A few years ago it was 50 cent a gallon. I am not sure we can keep going in this direction. While driving from Raleigh yesterday, diesel fuel was $3.89 a gallon. This effects everything we buy. Corn that was $2.56 a bushel last year, is over $5 this year. What does that do a box of cereal, all of this centers around fuel. My solution is drill, drill, drill.

Sensei said:

Heh... I remember a couple of my conservative buddies saying that if Al Gore was elected wayyy back in 2000 that we'd have $3.00/gallon gasoline today.

I'd love to go out and buy a gallon of gasoline right now for $3.00/gallon. Seems Bush is more concerned with his rich oil friends getting richer at the expense of every American citizen, even as the economy continues to chug toward a recession. He has been, by far, the worst president ever to sit in the Oval Office. That said, we cannot blame him for all of our current troubles, as many really started to happen back in the Clinton era, but this asinine "economic stimulus" package is going to do nothing for our economy. Many individuals, myself included, are doing nothing more than banking whatever "stimulus" I receive.

Today the Fed meets again - cutting rates once more is not the answer. I believe that if they maintain the rates as they are, it will lead investors to believe that the economy is beginning to stabilize and will help to minimize a much larger impending sell-off. Keeping the Fed Funds rates stable will also help out the bonds markets which is one of the factors in mortgage rates. If mortgage rates will drop, it will increase mortgage applications and help our housing market thereby eliminating some of the inventory available today.

So, with the upcoming election later this year, who is the right man or woman for the job? I honestly don't know - what I do know; however, is that whomever gets elected has probably the biggest mess to clean up in history.

Clifford Blyth said:

With everyone complaining about the price of gas & consumables rising, and the housing market falling, the baby boomer's have found the solution again. The economy is good so don't believe everything the media is telling you. We are in a paradigm shift. one shift was the Real Estate Boom, the other was the stock market. 10,000 people per month are getting involved throughout the U.S. in the next shift and it's bigger then the first two. The opportunity is now! Because the early bird gets the warm but the secant mouse gets the cheese. We all live in the grates country in the would, you all need a brake from working for someone. Work with and learn from the men & women that make America what it is. The land of opportunity is full of them like Donal Trump & Robert Kiyosaki, Zig ziglar.
The best way to predict your future is to create it!
If the price of things go up you get up and look in the mirror and say I think I'll give my self a raise today. Thats what my wife and I do. We just do it!
If you would like more info email @ fortunehunter@atlasok.com

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