US Economy Pulling Away From The Rest Of The World

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US Economy Pulling Away From The Rest Of The World

Post  News Buzzard on Mon Dec 22, 2014 10:07 am

It's not happening, according to The Forum Of Gloom!! Rolling Eyes

http://www.kiplinger.com/article/investing/T019-C000-S002-u-s-economy-pulling-away-from-rest-of-world.html

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Re: US Economy Pulling Away From The Rest Of The World

Post  News Hawk on Sun Feb 01, 2015 6:04 am

News Buzzard wrote:It's not happening, according to The Forum Of Gloom!! Rolling Eyes

http://www.kiplinger.com/article/investing/T019-C000-S002-u-s-economy-pulling-away-from-rest-of-world.html

From your article:

Bigger paychecks are just more good news for U.S. families. The average household debt-to-income ratio is the lowest since 2002. And falling food and gas prices are leaving more money in our pockets, cash that can boost consumer spending overall, which in turn accounts for 68% of the U.S. economy—setting up a virtuous circle of growth. Businesses will do their part, increasing spending on plants and equipment by an average of about 7%, up from 5% in 2014. “We’re in a boomlet here in the U.S.,” says Bob Baur, chief global economist for Principal Global Investors.
http://www.kiplinger.com/article/investing/T019-C000-S002-u-s-economy-pulling-away-from-rest-of-world.html#ABo5jywZuIFwBFhC.99
Not so sure about food prices, which appear to be still going up: but disguised as "two-for-for-one-pricings".

I see the economy as growing due to the strength of the marketplace—the essence of Capitalism.

I, for one, have an additional $30-$40 in my wallet every week when gas prices fell. What do I do with all these extra dollars that are fattening my wallet? Change them all to hundred-dollar bills? Or go out and enrichen the businesses that ARE the US economy?

Lower gas prices finally trickled down to the business world, and optimism is rampant—just what the stock market needed! Funny, we should credit Saudi Arabia with a boost to US economy, but that's where credit should go.

Smile

World-wide, however, Russia's economy is flailing to stay afloat. (Not that Russia hasn't seen huge historical swings due to the "Central Planning"—the "Command Economy"—that Obama admires). Putin, as a dictator, could put the Russian economy on a war-footing—and it'll become 1938 again.  

Evil or Very Mad


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