RE: How is the economy in your area
Not trying to get into a huge debate or anything, but I don't think the Government can pull us out of this, other than removing things that keeps our economy from growing. In my view, the CAFE standards should be disposed of with the agreement that the car manufactures have a fuel efficient model available. In my view, ALL possible domestic energy sources should be utilized. The banking thing just needs time for self correcting as well as proper regulations being put back into place. If you want to see jobs return, you have to remove the factors that make businesses want to leave plain and simple. Make no mistake there are things that should never be compromised such as safe working conditions, but some of these anal retentive rules are not helping us, they are killing us.
To a degree Billionare is correct, there are some "negative" markets, namely companies and industries that do well when the economy as a whole are not doing well. The solution to the problem is to diversify. I intend to set up a small side business to utilize this capability. It also depends on the field in which a person is in that dictates a person's perspective. My father is an accountant and most of our clients had a good year; however, this coming year is when it looks like things will be difficult. It is also important not to let fear and depression take control of us because they prevent us from accomplishing all we can accomplish.
Having said this, Billionare, the truth is the economy as a whole isn't doing well. Many of my friends have lost their jobs as the last pillar holding up my hometown is cracking and ready to implode as the auto industry is struggling. My cousin's business is hurting and plenty of people on this forum are hurting as well. It isn't impossible to get out of this, the issue is D.C. doesn't want to make the sacrifices it will take to get out of this.
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"To Debate and Moderate" since 2006
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