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Coming Sooner Than You Think - The Economic Tsunami [View All]

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clem_c_rock Donating Member (989 posts) Send PM | Profile | Ignore Tue May-17-05 11:26 AM
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Coming Sooner Than You Think - The Economic Tsunami
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There are a number of signs that the economy is close to meltdown-stage. Even with cheap energy, low interest rates and $450 billion in borrowed revenue pumped into the system each year, the economy is still barely treading water. This has a lot to due with the colossal shifting of wealth brought on by the tax cuts. Supply-side, trickle-down theories have been widely discredited and Bush's tax cuts have done nothing to stimulate the economy as promised. Now, with oil tilting towards $60 per barrel, the economic landscape is changing quickly, and shock-waves are already being felt throughout the country.
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  -Coming Sooner Than You Think - The Economic Tsunami clem_c_rock  May-17-05 11:26 AM   #0 
  - SURFS UP !!!! Put on your crash helmet and hold your breath............  Double T   May-17-05 11:41 AM   #1 
  - "Economic Tsunami:" Get off the beach now!!!  ktowntennesseedem   May-17-05 11:43 AM   #2 
  - great article! a must read  Pharaoh   May-17-05 11:53 AM   #3 
  - This is a good primer for those without much time to read up  donkeyotay   May-17-05 01:30 PM   #4 
  - just look at gm alone  unblock   May-17-05 01:41 PM   #6 
  - Fabulous article and nominated  gollygee   May-17-05 01:32 PM   #5 
  - what trickle down there is goes to emerging markets, not the u.s.  unblock   May-17-05 01:46 PM   #7 
  - *sigh* Les Miserables all over again...  NuttyFluffers   May-17-05 01:59 PM   #8 

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