Economic rebound

[JET]

Well, I am sure everyone has seen that the economy is starting to rebound. In the last 6 months it has really started to take off again. Jobs are being created and the unemployment rate is starting to go down for the first time since 2000. Here is a really good article on the current trends.

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20050331/ap_on_bi_go_ec_fi/economy&e=1

[2003eclipse]

Yup Gas is high, Minimum wage is still dirt. Our economy maybe getting better but its still horseshit

[Anduinlight]

way to go being positive :/

[Onefast99gsx]

Not to piss in your pool or anything but i read a recent report this morning. It's the Goldman Sachs report. It consists of like 30+ analysts and feds. Crude is at $55/ barrel right now. Within the next 3 years, they forecast it to be between $50 & $105 per barrel!!! That was a conservative amount they stated. So if gas here were i'm at is $2.28/ 87oct and it's $55/ barrel today, that would be about $4.50+ gallon. Scare tactic? Could be. Reality? Very well could be. Don't want to ruin anyones day, but i think it's something we should all take very seriously.

I also read something years ago before any of this even started with energy prices going up and someone predicted there was going to be a huge global war over energy. Yeah we live in a shitty world these days.

Link to the report:

http://www.theglobeandmail.com/servlet/story/RTGAM.20050331.wgoldman0331/BNStory/Business/

[Matt D.]

Our economy can't pick up when the World Trade Organization is going to impose sanctions on us.

http://news.yahoo.com/news?tmpl=story&u=/ap/20050331/ap_on_bi_ge/eu_us_trade_sanctions_11

[tpunx99GSX]

Another way George Bush has help this nation. :\

[1ViciousGSX]

It's all a BIG $$$ game. Investors buy up as much of the crude oil reserves they can, which creates a shortage. Then once the price gets high enough and starts to plateau, they dump it back on the market at the higher price which is profit, then the price of crude drops back in line. :cool:

We (USA) need to stop trying to take care of the rest of the world or trying to control it and take care of this country first. And not be un-ethical while trying to do it. Yeah, we set a good example for the rest of the planet, don't we? :rolleyes:

[2003eclipse]

We shouldn't even need to be on a rebound

[Onefast99gsx]

Yep, I'm surely not a fan of Bush anymore. I didn't care for Kerry either but what choices did we have? Bush stired up the water into muddy water. The world can't accept with what he's trying to do so soon. Every person that runs for President tells you what they plan to do and when they become Pres. it all runs by the wayside. In Bush's first term i remember once of his larger speaches, could be the State of the Union, but he was going to push for an energy bill to develop new resources of fuel. That was years ago. You know what he said a couple weeks ago when asked about the energy prices? He said Congress still hasn't put anything on my desk about it. That was his words. Talk about passing the buck. He doesn't care because the taxpayers pay for his expenses. It's greed. Just about anyone at the top or high up level doesn't care about the middle class people because if they're content with day to day living, it doesn't matter. My friends got the 'What are you gonna do, you just gotta pay it' attitude. If that's the attitude, then nothing will ever get done about it. I tell them(because i'm in the banking business), why don't you put an extra $100 on your loan every month? They say, because i don't have an extra $100 to pay on it. So if you don't have extra for example a loan payment, why would you have extra for rising fuel costs? The, "You just gotta pay it" attitude will sooner or later not work anymore for many people.

[Onefast99gsx]

We (USA) need to stop trying to take care of the rest of the world or trying to control it and take care of this country first. And not be un-ethical while trying to do it. Yeah, we set a good example for the rest of the planet, don't we? :rolleyes:


My thoughts exactly!!!!!! What did we pledge for the tsunami relief? 800-900 million or whatever it was. We're billions in debt, we have a national trade deficit of over $660 billion and we're pledging money we don't have.
WTF. We spend millions of dollars on shuttle programs to get rock samples or whatever or put rovars on Mars.

Now i'm all worked up again.