Economy on the rise.....

[Dadsguns]

Personally, i think many people have not learn from the economic downfall and will go right back to their bad habits for trying to make money.   That there is nothing wrong of making money but a lot of companies will lie, cheat and steal to get it. 

That's usually the case and unfortunate for the general public. 

My only concern is to consistently see this rise so that business will gain some confidence in hiring more in their workforce due to demand, it will take time to completely be stable, but at least its an upward trend. 

Hopefully, and this is a stretch, but hopefully Wallstreet learned something from all of this besides how better to work at stealing our money.

[Reschke]

That's usually the case and unfortunate for the general public. 

My only concern is to consistently see this rise so that business will gain some confidence in hiring more in their workforce due to demand, it will take time to completely be stable, but at least its an upward trend. 

Hopefully, and this is a stretch, but hopefully Wallstreet learned something from all of this besides how better to work at stealing our money.

Wall Street learned absolutely ZERO from the last couple of years. The reason they learned nothing is because both the previous administration and the current one have deemed businesses "Too big to fail."

That ain't the case guys; no company is ever too big to fail and its going to take more of what has happened to make them realize it. Maybe the 2012 scenario isn't about an awe inspiring smackdown on the earth itself...maybe it is an economic collapse the likes of which have never been seen before and will bring about the SHTF scenario we are all looking for.

[gyrene81]

It could be a sign but the number one indicator is rising fuel prices. It will put the brakes on the economy. I own a service business and fuel for me is over $3.09 per gallon. I have to start a fuel charge. My service rates have been at $95 per hr for three years. Once we hit the psycological limit of $100 per hr the brakes come on until the rotors melt.

The houseing bubble never would have been as bad as it was and most people would still be in there homes if fuel prices would have remaind lower in 2007 008. Fuel took away all discretionary spending. because it raised all prices and people could not make there house payments.

We are headed for another mess IMO

Good call. It's amazing that people don't realize how the price of petroleum products affects the entire global economy. As long as the oil companies are allowed to dictate prices and gain excessive profits...there won't be an economic recovery. Amazingly we don't see any federal lawsuits going on against the oil companies for price fixing.

[RipChord929]

Economy on the rise?  Woah, maybe if you have blinders on!  Take a peek around the corner, and look at what they are hiding back there.. Don't want you to see that yet!   Ummmmmm, it's not good!  There is still time to prepare yourselves tho..
Better tighten up!

Good luck to us all, we're gonna need it!
  RC  

[CAP1]

DOW closed over eleven thousand today......   

if the economy is going up, then people are spending again. THAT is the economy,.

[Stoney]

Good call. It's amazing that people don't realize how the price of petroleum products affects the entire global economy. As long as the oil companies are allowed to dictate prices and gain excessive profits...there won't be an economic recovery. Amazingly we don't see any federal lawsuits going on against the oil companies for price fixing.

The oil companies don't set prices, OPEC does.  And, unfortunately, foreign cartels are immune to our anti-trust laws.

if the economy is going up, then people are spending again. THAT is the economy,.

We've got states that have 13%+ rates of unemployment.  Things aren't better yet.

[gyrene81]

The oil companies don't set prices, OPEC does.  And, unfortunately, foreign cartels are immune to our anti-trust laws.

Yeah, and the Sicilian mafia never existed. The oil companies do have the power to directly influence foreign oil production and artificially inflate the cost of fuel.

[oakranger]

That's usually the case and unfortunate for the general public. 

My only concern is to consistently see this rise so that business will gain some confidence in hiring more in their workforce due to demand, it will take time to completely be stable, but at least its an upward trend. 

Hopefully, and this is a stretch, but hopefully Wallstreet learned something from all of this besides how better to work at stealing our money.

A lot of business are afraid to hire people and want to save up the money that lost and prepared for the next year or two if the economy drops again.

Economy on the rise?  Woah, maybe if you have blinders on!  Take a peek around the corner, and look at what they are hiding back there.. Don't want you to see that yet!   Ummmmmm, it's not good!  There is still time to prepare yourselves tho..
Better tighten up!

Good luck to us all, we're gonna need it!
  RC 

I remember some people talking that we could face the whole world economy that will crumble in the next five years.  Something that will over shadow the 1930s economy collapse.   If that is the case, i am glad that i am poor now and not rich.   

[Stoney]

See Rule #14

[68ZooM]

what ripchord said is about right, i have yet to see any kind of turn around, our county still hovering around 18% unemployed, places still closing down, massive school cuts, Ive been looking hard sense Sept for a job, lost my job of 6 years just 4 months after buying my home for me and my son, Freaking owner gave my job to there grandson because he couldn't keep a job any place else, been traveling almost 100 miles out to look for work, theres just nothing, unemployment is not enough to keep me even every month, so Ive been using my retirement account to make up the difference, The Economy is not going up, well maybe it is for mutimillion dollar companies and CEO's, dont see to many blue collar workers agreeing its going up

[CAP1]

what ripchord said is about right, i have yet to see any kind of turn around, our county still hovering around 18% unemployed, places still closing down, massive school cuts, Ive been looking hard sense Sept for a job, lost my job of 6 years just 4 months after buying my home for me and my son, Freaking owner gave my job to there grandson because he couldn't keep a job any place else, been traveling almost 100 miles out to look for work, theres just nothing, unemployment is not enough to keep me even every month, so Ive been using my retirement account to make up the difference, The Economy is not going up, well maybe it is for mutimillion dollar companies and CEO's, dont see to many blue collar workers agreeing its going up

NOT TRYING to be wise.....just asking.....

are you also looking for other things you know how to do, but outside of your chosen profession?

 i had a guy helping me at my shop, doing the simple stuff.......tune ups, brakes, etc. he's a comms system installer/troubleshooter for the military. his position was eliminated a few months ago......he looks for anythign though, to keep himself off of unemployment.

[68ZooM]

Cap yes i have been sense i had 3 verts crushed from a construction accident, over 25 years in that Field  Hvy Equipment Operator did all phases of dirt work, foundations septics, drainfeilds, clearing  building roads ended up with a  Level 2 permanent partial disability with a 20lb weight restriction, pain is 24/7 the amount of pain depends on the amount of activity i do the day before, where I'm screwed is the 20lb weight limit and i have to disclose to employers my disability I cant lie about that.

 So being 50, a single dad who get nothing from his son's mom, level 2 disability weight restrictions and plus i stutter, lemme tell you its hard, its come now to where i need to eliminate things and I'm going to have to stop AH for now, keeping my home and food on the table takes importance, i just never imagined this would ever happen, not after being told by my former employer that my job was very stable and part of the family prior to buying my home, still trying to get that knife out my back

[Stoney]

are you also looking for other things you know how to do, but outside of your chosen profession?

A better question is: how many jobs are out there where they're hiring people with no experience in the field?  I'll tell you--zero.  That's something that happens when unemployment is very low.  Further, if you're overqualified for a job that seems simple, no one will hire you because they expect you to bolt for a better opportunity as soon as things pick up.  Some of the classical economic theory is simply not working right now.

[Curlew]

An update on the score for you all to argue about, the graphic is live and will continue to change as teh day passes
~enjoy~ 

[CAP1]

A better question is: how many jobs are out there where they're hiring people with no experience in the field?  I'll tell you--zero.  That's something that happens when unemployment is very low.  Further, if you're overqualified for a job that seems simple, no one will hire you because they expect you to bolt for a better opportunity as soon as things pick up.  Some of the classical economic theory is simply not working right now.

i think that may be an area to area thing.


i've got customers that're doing other things besides their chosen profession. the guy helping me did. a couple of friends are. most of the delivery drivers from where i order my lunch are.

 there are people out there hiring. they may not be willing to pay what you're asking.....but then again, something is better than nothing. i know, 'cause i've done it in the past.