Jobless consumers will hold back recovery

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roseanne	Jobless consumers will hold back recovery		Lead	[-]
Posts: 1197 07/02/09 15:44:22	Tags : None Ya think? Damn them for not spending all the money they don't have and don't have a way to earn. If it wasn't for those people, the economy would be fine. It's not only those that are not spending. It's people with jobs, but worried about job security and the economy. What a stupid headline. Jobless consumers will hold back recovery Though forecasters see growth ahead, it'll still feel like recession to many http://www.msnbc.msn.com/id/31709420/ns/business-eye_on_the_economy
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FrontlineCatch 22.RealSpeakUp		#1	[url]	[-]
Posts: 5097 07/02/09 15:45:42	roseanne wrote: Ya think? Damn them for not spending all the money they don't have and don't have a way to earn. If it wasn't for those people, the economy would be fine. It's not only those that are not spending. It's people with jobs, but worried about job security and the economy. What a stupid headline. Jobless consumers will hold back recovery Though forecasters see growth ahead, it'll still feel like recession to many http://www.msnbc.msn.com/id/31709420/ns/business-eye_on_the_economy Well, yeah, duh!
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mpicky		#2	[url]	[-]
Posts: 886 07/02/09 15:54:33	LOL, duh!
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the monster		#3	[url]	[-]
Posts: 2823 07/02/09 16:22:27	DUH!!! LOL
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oskar576.realspeakup		#4	[url]	[-]
Posts: 5256 07/02/09 16:31:37	Why would any sane person acvtually pay somebody to write this shyte? Your Signature ... The Devil made me do it. Honest.
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bin		#5	[url]	[-]
Posts: 1691 07/02/09 16:46:39	as stupid as it sounds, it hits the nail right on the head. it's what makes recessions so tricky to deal with.
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oskar576.realspeakup		#6	[url]	[-]
Posts: 5256 07/02/09 16:48:47	You hadn't figured that out yet, bin? I'm surprised? ;) Your Signature ... The Devil made me do it. Honest.
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bin		#7	[url]	[-]
Posts: 1691 07/02/09 16:57:58	lol! i started buying gold just about at the same time everyone thought they were millionaires with their tech stocks. so i don't really consider myself to be that much of an idiot
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oskar576.realspeakup		#8	[url]	[-]
Posts: 5256 07/02/09 17:01:04	Good for you, bin. We bailed out shortly before the peak. Heck, Ige still got gold certs I bought in the early 70s at $35/oz. Damn typos. Your Signature ... The Devil made me do it. Honest.
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bin		#9	[url]	[-]
Posts: 1691 07/02/09 17:01:55	luvly!
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oskar576.realspeakup		#10	[url]	[-]
Posts: 5256 07/02/09 17:05:08	One good bit of advice I got from my dad. He told me to never cash them in unless I was absolutely desperate. I've got somewhere around 100 oz. Your Signature ... The Devil made me do it. Honest.
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cooter50		#11	[url]	[-]
Posts: 356 07/02/09 17:14:25	BUT, Has anyone notified the President; surely this information is very important and he must be informed----------------------NOT!!!
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oskar576.realspeakup		#12	[url]	[-]
Posts: 5256 07/02/09 17:16:50	I bet he had already figured out that the jobless don't spend a whole hell of a lot.. Your Signature ... The Devil made me do it. Honest.
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Norsewulf.dubland		#13	[url]	[-]
Posts: 1028 07/02/09 17:34:46	I've got somewhere around 100 oz. You could get a hell of a front grill done with that...talk to your dentist...probably have enough left over to make a spitoon.
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oskar576.realspeakup		#14	[url]	[-]
Posts: 5256 07/02/09 17:36:28	Nope. They stay put. Your Signature ... The Devil made me do it. Honest.
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oskar576.realspeakup		#15	[url]	[-]
Posts: 5256 07/02/09 17:37:20	Besides, our car doesn't have a grill... it's all freaking plastic. ;) Your Signature ... The Devil made me do it. Honest.
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WWIIwarrior		#16	[url]	[-]
Posts: 1789 07/02/09 17:39:31	cooter50 wrote: BUT, Has anyone notified the President; surely this information is very important and he must be informed----------------------NOT!!! cooter He is the last person to know, and besides, he agreed with CNBC about us bottoming out around May the 1st... I have been saying for 2 years, that if we lose the Consumer then you can hang it up... We are there...
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oskar576.realspeakup		#17	[url]	[-]
Posts: 5256 07/02/09 17:42:15	Problem is, if the US wants to manufacture anything it must import... kinda like Japan... and now with little faith in the USD guess what? Can y'all pay in Euros? Your Signature ... The Devil made me do it. Honest.
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the monster		#18	[url]	[-]
Posts: 2823 07/02/09 17:57:50	Norsewulf wrote: I've got somewhere around 100 oz. You could get a hell of a front grill done with that...talk to your dentist...probably have enough left over to make a spitoon. LOL.....grill.....rotflmao!!!
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snowbound5		#19	[url]	[-]
Posts: 184 07/03/09 04:58:20	I touched on this just a bit in one of WWII's Economy themed threads..... Someone, had said in that thread that they thought people were not spending because they were saving for hard times......This is what I am seeing locally......Those who have secure jobs, such as the professionals like Lawyers, Drs. Nurses, or those who work in industries not effected much by Economy, like Trash Disposal...don't laugh its true.....Are still spending/saving about the same amounts as always...But it is being distributed a little different. As Consumer prices increase in certain areas such as gas and food then the household budget is not increased or decreased, but the monies are distributed into other areas as needed, with the "Extras and Spending " money being the well from which it is drawn.....For Example when the car fuel and grocery bills increase, rather than cut back or decrease what they put in their savings they are cutting back what they allow family members to spend on cell phone bills, they eat out less, rent or buy movies to be watched at home, rather than go to the theatre and such as that...So the amount they are spending is still the same, its just being spent differently...... And then there is yes the other side.....in this rural farming area that I live in, many are either laid off, suffered cut backs or re employed with jobs that are below the income level they had previously enjoyed......and yes those people are nervous and scared and are not making large item purchases such as cars , major home appliances, home improvements or expensive trips/vacations......And for the under or unemployed there simply is not money to Spend or save....I know this is a hard thing for some to grasp, but ya just can't spend what ya don't have and putting money in a savings account when the gas,electric and water man is standing at your door to Disconnect you if you don't pay up by 5 O'clock today, just Don't, won't and ain't gonna happen. As I said in the other thread, when Joe don't have the money for a six pack, then Louie the liquor man, don't order as many 6 pks from the distributor, the distributor don't order from the brewery, the brewery slows down, Jane is laid off and the cycle continues...... Do I have any solutions...No I wish I did....But thoughts and opinions and continued consumerism as I have always done, is all I have....We in this household have been "Lucky" in more ways than one and have not had to "cut back" or redistribute our monies, and in fact have increased our consumer spending, bought things we had just been putting off, hoping it will in its own small way help the consumer economy. I have little else to offer except this......HEY YOU SAVERS FOR HARD TIMES...THIS "IS" THE HARD TIMES....LOL....YOU MIGHT BE SAVING YOUR OWN JOB IF YOU GO AHEAD AND BUY THAT CAR, FRIDGE OR NEW COMPUTER!
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FrontlineCatch 22.RealSpeakUp		#20	[url]	[-]
Posts: 5097 07/03/09 07:21:28	oskar576 wrote: Besides, our car doesn't have a grill... it's all freaking plastic. ;) Don't knock plastics! That's my livelihood ...
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