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Updated over 14 years ago on . Most recent reply

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Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
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Time to get off your ARSE and help Uncle Sam out!!!

Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Posted

http://www.deseretnews.com/article/700052800/As-spending-by-wealthy-weakens-so-does-economy.html?s_cid=Email-1

There are some stats for the recent quarter that make it look like we're heading down again. Rich

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Rich, it depends on what paper you read. We might take a small dip again, but it will head back up. This is pure politics, IMO. Conservative republicans and those media outlets that pander to them, will say the sky is falling and crush us all (followed by, better vote for us and let us save you). A dip could happen, but it is not iminent. I learned three things from the article. One that I was in the top 5%, didn't know that. Second thing was that we aren't spending, well, I have been looking at yachts (a small one because it needs to have a draft of 3' or less, but that's hard to meet) because I want to do the Great CIrcle, Eastern ICW, Missippi, rivers and great lakes make the loop. So I should find a better deal! Third thing, that hiring was on hold when I heard on TV that over half of the largest corps were planing on hiring in the forth quarter.

Those on the political bandwagon will continue with the negative forecasts, the worse it gets, the better for them. And if we all say it's getting worse, guess what, it will. People need to read more and if they watch TV, watch something besides Fox News (which really isn't news in my opinion, more like Fox Propoganda) There are three other national braodcasters.

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