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Deathscythe343
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Age: 45
Joined: 04 Jul 2005
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 Posted: Wed Nov 05, 2008 8:24 pm Post subject: |
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Im just going to throw this idea out there. If he fails, the country fails.
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Ravage
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Age: 55
Joined: 27 Jun 2005
Posts: 1739
Location: ROFLbama
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| Posted: Wed Nov 05, 2008 10:21 pm Post subject: |
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He actually does have quite a few ideas that remind me of FDR and Carter.
Interestingly, I've been somewhat following modern day analysis of FDR's presidency, and more and more historians/economists are starting to say that FDR and the Democratic Congress of the time helped prolong the depression instead of fixing it (credit for which clearly belongs to WW2). |
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commandertracker
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Age: 45
Joined: 26 Jul 2005
Posts: 303
Location: Ohio
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| Posted: Thu Nov 13, 2008 12:49 am Post subject: |
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| Ravage wrote: |
I got pretty tired, and called it early.
Appropriately, it would seem.
Now we'll begin taking bets on how long it will take to reach double-digit unemployment...any guesses? |
Well now, if you want to look at a real figure that includes the unemployed who have given up on getting a job and the underemployed who want full time work but can't get it, then I'd say we'll hit that number about a year or so ago.
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Ravage
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Age: 55
Joined: 27 Jun 2005
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| Posted: Thu Nov 13, 2008 10:04 am Post subject: |
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Well, when you put it that way, our statistics for Unemployment percentages are always going to be a little underrepresented, so you're probably right, Todd.
Doesn't mean that an increase isn't coming, though, and a large one at that. |
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commandertracker
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Age: 45
Joined: 26 Jul 2005
Posts: 303
Location: Ohio
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| Posted: Thu Nov 13, 2008 1:25 pm Post subject: |
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Oh without doubt the reported rate is gonna go up, and soon.
Look for increased overseas job outsourcing and domestic cutbacks as the economy continues to get worse.
Sounds like fun to me.
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