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On Thu, 07 May 2009 14:05:34 -0400, Eisboch wrote:
That said though, I wonder what the "new" US economy is going to be like. Will it return to a robust, growing and healthy economy that led the world or will it re-stabilize in a much more anemic form dependent on government spending, financing and oversight? Oversight, most definitely, as it should be. To allow a handful of greedy *******s on Wall Street trash our economy, is, if nothing else, a national security issue. There needs to be some regulations to avert it from happening again. As for the rest, I'm with Vic. This economy hasn't been healthy since we gave away our manufacturing base. However, one thing I have learned, this country is incredibly resilient, and won't be down for long. I will also say, this resource intensive consumer paradigm that has been driving us for the past 30-40 years, is a dead end. I don't have a crystal ball, but sustainability will be in the future, if we are to prevail. |
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