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The Watercooler
Does anyone else feel the economy won't get better?
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<blockquote data-quote="LittleDudesMom" data-source="post: 504047" data-attributes="member: 805"><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px">My take as a general consumer and a business owner is that things are getting better - very slowly.</span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px">I heard on the news the other day that home mortgage interest rates will stay low for at least the next 18 months (which is being done to help spur the housing market). That also translates to low cd rates, low money market rates, low interest on savings, etc. </span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px">It also has made it much more difficult to get construction financing (constructions loans for new projects) which in turn does not allow businesses like ours to develop new avenues of tax revenue for city/state coffers nor hire new workers which creates cash flow for the local economy.</span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px">It's so many things tied up together - Disney Studios had it right - The Circle of Life - everything is intertwined with another which is intertwined with another, and so on.</span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px">But, on the whole, I do believe the economy is slowly moving forward - it just doesn't move as quickly as we wish it would!</span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'comic sans ms'"><span style="font-size: 12px">Sharon</span></span></p></blockquote><p></p>
[QUOTE="LittleDudesMom, post: 504047, member: 805"] [FONT=comic sans ms][SIZE=3]My take as a general consumer and a business owner is that things are getting better - very slowly. I heard on the news the other day that home mortgage interest rates will stay low for at least the next 18 months (which is being done to help spur the housing market). That also translates to low cd rates, low money market rates, low interest on savings, etc. It also has made it much more difficult to get construction financing (constructions loans for new projects) which in turn does not allow businesses like ours to develop new avenues of tax revenue for city/state coffers nor hire new workers which creates cash flow for the local economy. It's so many things tied up together - Disney Studios had it right - The Circle of Life - everything is intertwined with another which is intertwined with another, and so on. But, on the whole, I do believe the economy is slowly moving forward - it just doesn't move as quickly as we wish it would! Sharon[/SIZE][/FONT] [/QUOTE]
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Does anyone else feel the economy won't get better?
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