It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
By the way, please stop hyping your own thread. The mods have asked you to stop before, so please do so.
Originally posted by 3_Libras
Its people like LightningDarkness or whatever his name is that are the pit of a country thats in complete denial. Keep telling yourself that everything is peachy. Do you learn anything from history? As a 6 year old, you assumed that the world was fine, and in capable hands because there was no reason to assume that grown ups were malevolent. They have to be good right?
Theres a far bigger underlying problem to responses like that than just the economic aspect. Why do you convince yourself that people are smarter than they actually are? We are a diseased species
I would also question how much control the government has over the economy, and why so many blame the government for economic problems. Aside from suggesting rates rise, the government stance in the economy is pretty mute, the economy runs in cycles, and the businesses themselves increase the revenues, payout the pay checks, hoard the money or invest in American economy.
I do disagree with you on governments roll in the economy I think policy by the government can turn the economy in either direction example raising taxes on middle class....raising the fed funds rate at this point and time getting rid of or keeping certain trade policies I think can turn the economy in either direction good or bad. Im not smart enough to say what policy is the best to keep this economy going strong and to keep this landing that we are going to see a soft landing.
more jobs are being created (though I question what type of jobs)..
its not for construction or financial.....according to the reports all these jobs are going to government.
IMO we are walking a tight-rope over a threshold of either recession or continued stability. Given the looks of the economy right now from a middle class perspective, you could say things are not good, prices rising, inflation, job insecurity, mortgage issues.
Im still not seeing where Im spinning I am very consistant in what Im saying....
I too am looking at this from a mid class point of view or what i perceive to be mid class but the overall outlook does not feel good for all of the reasons that I mentioned.
The financial and construction industries have sectors that deal with much more than simply subprime loans and housing. Not to mention, the majority of construction jobs are actually low-paying - why would you want a huge increase in them?
I think you asked the right question RockPuck where are these jobs going....its not for construction or financial
according to the reports all these jobs are going to government.
I do disagree with you on governments roll in the economy I think policy by the government can turn the economy in either direction example raising taxes on middle class....raising the fed funds rate at this point and time getting rid of or keeping certain trade policies I think can turn the economy in either direction good or bad.