Economic Sentiment Poll

[JakeMartinez]

It seems as if the nation's attitude towards the economy has a pretty direct relationship to their attitude towards politics, so I'm wondering...what do you guys think? Please be honest.

JakeMartinez Reviewed by JakeMartinez on 10-18-2008. Economic Sentiment Poll It seems as if the nation's attitude towards the economy has a pretty direct relationship to their attitude towards politics, so I'm wondering...what do you guys think? Please be honest. Rating: 5

[stoned88911]

I believe we will bounce back, wont be over night or over 6 months, but this time next year we will be much better. I think the reason everyone is scared about the economy is becuase it a election year. BOTH!! the canidites try an scare everyone by saying how bad we are and how much we need then or we are going to have a "great depression" Soon as EITHER of the canidites are elected the economy will be better(not back to normal but better)

[JakeMartinez]

I believe we will bounce back, wont be over night or over 6 months, but this time next year we will be much better. I think the reason everyone is scared about the economy is becuase it a election year. BOTH!! the canidites try an scare everyone by saying how bad we are and how much we need then or we are going to have a "great depression" Soon as EITHER of the canidites are elected the economy will be better(not back to normal but better)

I started really listening to the candidates because of the economy...it scares the shit out of me and pisses me off at the same time.

[maladroit]

i never would have thought it would get this bad, and it's going to get worse...if the usa bounces back in a year or two, it will still be facing an economic apocalypse due to the national debt, trade deficit, and the unfunded liabilities in social security and medicare...the total monetary value of those debts makes the burst real estate bubble look like a bad fart...now the us gov't is in crisis management so dealing with those debts is being put off AGAIN

[JakeMartinez]

You're right, Mal. I'm just worried if things get to a great depression level, whoever's in charge will probably declare martial law to keep the people from rioting everywhere...

I honestly did not think "We're Completely Screwed" would be the number one answer.

[Pinkfloydfan1973]

This whole mess was created by the media starting about a year and a half ago.... About the time the presidential election started.... The media created the uneasy feeling and people stopped spending so much money... Plus, Election years are ALWAYS scary times for businesses...

The media wants a Liberal in command, kind of ironic how their agendas will eventually kill "Freedom of the Press." Stupid.....

Bottom line.... The media created this consumer confidence mess....The media wants Obama elected (for those who don't watch TV)....Obama has the most to gain from a failing economy... String some things together between why things are failing and the Democrat's/MSM's agenda and you'll see why everyone is being scared to death watching the news.

It may take a year, but the economy will recover.... Just let capitalism do its thing.

[GoldenBoy812]

Things were much worse in the early 1980's. Many people here, including myself were not around then, but the situations were similar.

Credit was very hard to come by, except that was the goal of then Federal Reserve chairman Paul Volker as inflation was was in double digits.

The fact of the matter is, things will get better. But.... It is you and i who will have to push for those gradual changes that will bring forth both a more free nation, and an actual free economy. Truthfully, change of this nature will not be quick. As RebGirl stated in another thread, begin taking action and interest locally. That is how you will garner the quickest change for the better. Do not lose hope, the political hustlers prey on it so that they can promise you something that requires you to change, not the other way around:jointsmile:

[stoned88911]

Pink i think we are on the same page.

[theforthdrive]

The fact of the matter is, things will get better. :jointsmile:

maybe we should define better!?! Yeah, even after the great depression things got better...then worse...then better...then worse. I was too young to remember the 80's, and Ill take your word for it. But didnt the 90's have a dot.com bust, the now the real estate bust. Maybe better wouldnt be repeating the same greedy mistakes. Unfortunately I think things will get better (i think you mean more buying power from the dollar) but I would bet in my lifetime we see a complete collapse of the dollar. But that doesnt mean we'll all starve. Just have a new beginning with some other fiat money! history will repeat itself! we are just along for the ride!

[GoldenBoy812]

maybe we should define better!?! Yeah, even after the great depression things got better...then worse...then better...then worse. I was too young to remember the 80's, and Ill take your word for it. But didnt the 90's have a dot.com bust, the now the real estate bust. Maybe better wouldnt be repeating the same greedy mistakes. Unfortunately I think things will get better (i think you mean more buying power from the dollar) but I would bet in my lifetime we see a complete collapse of the dollar. But that doesnt mean we'll all starve. Just have a new beginning with some other fiat money! history will repeat itself! we are just along for the ride!

Business cycles have always existed in post mercantilist economies. Even PME's had very trying times, although the rich were rarely ever effected (pre revolutionary France is a good reference).

Our current situations are due to the imperfections of humanity. If we or any algorithmic program had clairvoyance, everything would be perfect. This is not a perfect world, and humans as a whole do not always make the best decisions even if it involves their very well being.

The fact remains that capitalism, with both its goods and bads has improved the living conditions of the societies that has embraced it.