Who believes the American economy is strong & growing?
By jumpinjack00
@jumpinjack00 (3054)
United States
January 23, 2007 10:59pm CST
Let's face it. The poor get poorer. The middle
class is slipping deeper into debt. The upper
class are next to fall. Finally, the top 5% of
the wealthiest in our nation are rapidly widening
the gap. Let me remind you, the Bush family is
part of that class.
2 responses
@smkwan2007 (1036)
• Hong Kong
24 Jan 07
American economy is declining? I am not sure. But the currency of this nation is still influencing the world's economy because quite a large proportion of internation transactions is based on US money. Once some thing goes wrong with this currency, the world will be in trouble. At least the rate of unemployment will get higher in many Asian nations. As a citizen in Asia, I wish all Americans earn more money and lead better lives because if they are rich, they may spend more of their income on products from our countries. As a result, we may enjoy a better economic growth.
@jumpinjack00 (3054)
• United States
24 Jan 07
Damn right it's declining. Housing prices
are dropping. We import more than we export.
Gas prices remain fraudulently inflated.
The dollar is weak amongst the other major
trading countries. This I know. I sell rare
and antiquarian books around the world.
What you say about Americans having more liquid
money to spend on foreign products is true. The
less we have the slower developing economies are.
So let's hope nothing else goes wrong. I'm not
very optimistic though.
@jumpinjack00 (3054)
• United States
24 Jan 07
By belief is that the economy is suffering
and that Bush was doing what politicians do.
He was speaking political double talk.
He didn't mean the entire economy. He simply
meant the economy of the wealthiest Americans,
like his family.
‹(°¿°)›