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Is the economy starting to recover?

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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 08:51 AM
Original message
Poll question: Is the economy starting to recover?

Sorry, polls are turned off at Level 3.

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KillCapitalism Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 08:54 AM
Response to Original message
1. Not just no, but hell no!
It will not get significantly better unless the REAL unemployment rate drops below 5%.
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Dawgs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 08:57 AM
Response to Reply #1
3. The question was, 'is it STARTING to RECOVER?'; not is it significantly better.
WTF!!
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 11:57 AM
Response to Reply #3
13. Doesn't matter. As long as there's still anything wrong, DUers will bitch about it....
This kind of poll will never work on DU.
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 08:56 AM
Response to Original message
2. Regarding the unemployment figures
The number dropped from 9.5% to 9.4% this week. I only heard one newscast which acknowledged that people who no longer receive unemployment compensation because their benefit is exhausted are not counted. That's got to be a whole lot of people.
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moobu2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 08:58 AM
Response to Original message
4. It depends on where you live
It's slowed down drastically here where I live,but isn't nearly as bad as in other places.
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Nyquil Man Donating Member (189 posts) Send PM | Profile | Ignore Sat Aug-08-09 08:59 AM
Response to Original message
5. It's showing signs of recovery.
Edited on Sat Aug-08-09 09:00 AM by Nyquil Man
I think there's a very real distinction there. I'm not prepared to say the economy is starting to recover until it starts adding jobs.

Edit: I voted "too soon to tell."
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whyverne Donating Member (734 posts) Send PM | Profile | Ignore Sat Aug-08-09 10:00 AM
Response to Original message
6. At least $30,000 per person disappeared.
That's $30,000 each for every man, woman and child in the United States.
Some might say that wasn't "real" money, but it was real to someone.
And it's gone.

I'm approaching 60 years of age and I don't expect this to be totally over in my lifetime.
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 10:04 AM
Response to Original message
7. Which economy?
The banksters economy, the one they distract everyone with, or the real economy that most of us live in?


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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 10:06 AM
Response to Original message
8. Republicans have their heels dug in, but we're gonna drag them along
into the new economy.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 10:09 AM
Response to Original message
9. Depends on which area of the economy is...
Actually, given fewer job cuts, I do think the economy IS turning the corner -- and even the President has admitted it won't be fully over until new, middle class jobs are created.
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 05:11 PM
Response to Reply #9
11. How long...
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Nay Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-08-09 11:15 AM
Response to Original message
10. I voted "other" because I think the overleveraged economy we have
now is over for good. Something else will replace it, but no one knows the timeline. Who knows, the PTB could resuscitate the old economy so it would stumble along for another 10 years. All I know is that I saw the beginning of the end when Reagan got elected, and frankly, I never expected this fakey phoney-baloney debt-run economy to last even as long as it has. Like I said, no one knows the timeline.
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 11:54 AM
Response to Original message
12. ...
:shrug:
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AzNick Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 11:59 AM
Response to Original message
14. Yes but we'll never get back to 5% unemployment
We may get back to 6 or 7% but many industrial jobs are gone, unfortunately.
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Uzybone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 12:04 PM
Response to Reply #14
15. the end of those jobs was in the offing 20 years ago
but we didn't do a damn thing about it.
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