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The Watercooler
Does anyone else feel the economy won't get better?
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<blockquote data-quote="DammitJanet" data-source="post: 503706" data-attributes="member: 1514"><p>Economics isnt a particularly political thing however our economy tends to cycle on 8 to 12 year cycle. Sometimes even longer. Considering we are now considered a world economy, that cycle can be even more delicate. As far as our political system goes, it really has very little to do with who is in the White House but more to do with who is in charge of Congress. Bills get caught up there for years and that is where our laws are made or taken away. </p><p></p><p>One of my favorite classes was macro-economics and it is fascinating to see how just one decision made somewhere can have changes in such a long line. Such as your paycheck isnt just a paycheck to you...it basically quadruples in size as you spend it. Now if you save it in the cookie jar you do the economy absolutely no good...lol. But if you take a $100 to Walmart and spend it, that gives Walmart the money to pay employees and buy goods which means those employees spend money and more goods are made which mean those people who are making the goods are employed and being paid which means they are spending money...and so on and so on! </p><p></p><p>I loved that stuff! </p><p></p><p>So yes...I think the economy will turn around because we are all spending money still and someone is making the products and it is never going to just flop.</p></blockquote><p></p>
[QUOTE="DammitJanet, post: 503706, member: 1514"] Economics isnt a particularly political thing however our economy tends to cycle on 8 to 12 year cycle. Sometimes even longer. Considering we are now considered a world economy, that cycle can be even more delicate. As far as our political system goes, it really has very little to do with who is in the White House but more to do with who is in charge of Congress. Bills get caught up there for years and that is where our laws are made or taken away. One of my favorite classes was macro-economics and it is fascinating to see how just one decision made somewhere can have changes in such a long line. Such as your paycheck isnt just a paycheck to you...it basically quadruples in size as you spend it. Now if you save it in the cookie jar you do the economy absolutely no good...lol. But if you take a $100 to Walmart and spend it, that gives Walmart the money to pay employees and buy goods which means those employees spend money and more goods are made which mean those people who are making the goods are employed and being paid which means they are spending money...and so on and so on! I loved that stuff! So yes...I think the economy will turn around because we are all spending money still and someone is making the products and it is never going to just flop. [/QUOTE]
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Does anyone else feel the economy won't get better?
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