Comments on: Can a Sinking Dollar Actually Make You Money? http://ybpguide.com/2007/10/23/can-a-sinking-dollar-actually-make-you-money/ Young Black Professional Guide Thu, 18 Mar 2010 15:27:12 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Greg http://ybpguide.com/2007/10/23/can-a-sinking-dollar-actually-make-you-money/comment-page-1/#comment-5986 Greg Wed, 03 Mar 2010 15:57:07 +0000 http://ybpguide.com/2007/10/23/can-a-sinking-dollar-actually-make-you-money/#comment-5986 I am only entertaining this foolishness as an academic exercise for any potentially interested reader. I usually ignore sponsored spam posts from erectile dysfunction marketers and members of a professional blogging team whatever that is. But there is just so much misinformation and ignorance out there especially on economic issues. Governments run deficits in periods of recession and surpluses in periods of expansion. During the go-go 90's our country had a surplus because the economy was doing well. Now that the economy has stalled the government has issued debt and increased spending to revive it. It has nothing to do with politics. Please do not confuse the two. Economic cycles don't care who's in office. I am only entertaining this foolishness as an academic exercise for any potentially interested reader. I usually ignore sponsored spam posts from erectile dysfunction marketers and members of a professional blogging team whatever that is. But there is just so much misinformation and ignorance out there especially on economic issues.

Governments run deficits in periods of recession and surpluses in periods of expansion. During the go-go 90’s our country had a surplus because the economy was doing well. Now that the economy has stalled the government has issued debt and increased spending to revive it. It has nothing to do with politics. Please do not confuse the two. Economic cycles don’t care who’s in office.

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]]> By: paydayloanadvocate http://ybpguide.com/2007/10/23/can-a-sinking-dollar-actually-make-you-money/comment-page-1/#comment-4839 paydayloanadvocate Sat, 25 Oct 2008 03:14:46 +0000 http://ybpguide.com/2007/10/23/can-a-sinking-dollar-actually-make-you-money/#comment-4839 Spending by consumers and businesses is the lifeblood of the country's economic activity. The big worry for economists is that consumers and businesses will cut back on spending and investing, dealing a blow to economic growth. The odds of a recession have grown this year. Still, Fed officials and many other economists remain hopeful the country will weather the financial storm without falling into recession.<br>In 1932 Franklin Delano Roosevelt was President of the United States as the country was twirling into a severe recession. Is the U.S. better off today than it was back then? FDR’s “New Deal” economic policies radically reformed the way the U.S. Economy works. The government’s role in the economy evolved to a dire extent that America had never seen. In the short-term, Roosevelt's policies provided the country with a needed lift. On the other hand, it can also be argued that his policies have left long-term damage to the country. Paul Rubin gave his opinion on a Wall Street Journal article, suggesting that while our current state of the U.S. economy is not in the same state it was in 1932, both share many of the same aspects: stock market in a whirlwind, credit markets locking down and Sen. Barack Obama, a Democratic presidential candidate running on a platform that will put increased government regulations in place and into problem areas like the economy. Supporters of the free market economy are concerned that Obama’s governmental “hand-on” policies will not provide the long-term direction that the American economy so desperately needs. Those who support the standards of the free-market system will no doubt say we are in for the same economic disaster as it was back in 1932. <br><br>Post Courtesy of Personal Money Store<br>Professional Blogging Team<br>Feed Back: 1-866-641-3406<br>Home: <a href="http://personalmoneystore.com/NoFaxPaydayLoans.html">http://personalmoneystore.com/NoFaxPaydayLoans....</a><br>Blog: <a href="http://personalmoneystore.com/moneyblog/">http://personalmoneystore.com/moneyblog/</a> Spending by consumers and businesses is the lifeblood of the country's economic activity. The big worry for economists is that consumers and businesses will cut back on spending and investing, dealing a blow to economic growth. The odds of a recession have grown this year. Still, Fed officials and many other economists remain hopeful the country will weather the financial storm without falling into recession.
In 1932 Franklin Delano Roosevelt was President of the United States as the country was twirling into a severe recession. Is the U.S. better off today than it was back then? FDR’s “New Deal” economic policies radically reformed the way the U.S. Economy works. The government’s role in the economy evolved to a dire extent that America had never seen. In the short-term, Roosevelt's policies provided the country with a needed lift. On the other hand, it can also be argued that his policies have left long-term damage to the country. Paul Rubin gave his opinion on a Wall Street Journal article, suggesting that while our current state of the U.S. economy is not in the same state it was in 1932, both share many of the same aspects: stock market in a whirlwind, credit markets locking down and Sen. Barack Obama, a Democratic presidential candidate running on a platform that will put increased government regulations in place and into problem areas like the economy. Supporters of the free market economy are concerned that Obama’s governmental “hand-on” policies will not provide the long-term direction that the American economy so desperately needs. Those who support the standards of the free-market system will no doubt say we are in for the same economic disaster as it was back in 1932.

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