Subject:
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Re: interest rates & "Economic Health"
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Tue, 20 Apr 2004 16:34:48 GMT
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Viewed:
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2997 times
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In lugnet.off-topic.debate, Scott Arthur wrote:
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In lugnet.off-topic.debate, John Neal wrote:
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In lugnet.off-topic.debate, Scott Arthur wrote:
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In lugnet.off-topic.debate, Scott Arthur wrote:
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What makes you think that our domestic economic health is bad? Seen
interest rates lately? I wasn’t even charged interest on my new Jeep!
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Ever thought about why interest rates are so low?
Scott A
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I neglected to add this
link.
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That is old news with outdated figures.
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OK. Tell me what has changed over the last month!
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http://www.cbsnews.com/stories/2004/04/03/politics/main610148.shtml
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And BTW, that reminds me. Seen our
rate of inflation lately?
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What does low inflation & low interest rates signify? Clue: Take a look at
the Japanese economy.
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It signifies that prices are low so stuff is cheap, and getting money is cheap
as well.
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I am a small business owner, and for me, this is the best economy I have
experienced since I started paying taxes some 30 years ago.
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If real interest rates are the lowest for 30 years, what is the incentive for
me to invest in your economy?
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Borrow money and start a business or buy property!
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It has been a
lot worse, and yet it is improving. I know this because the shrill
Democrats aren’t harping on about the economy lately;-)
The one thing that sucks is the price of gas, but since we invaded Iraq for
their oil, I’m sure that that will be coming down any day now.
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Perhaps Iraq will join OPEC once is shakes off Bush?
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How could they do that if we are taking their oil?
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The price of gas should be much higher: it is a finite resource which
causes gross environmental damage.
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No. As it is now it is virtually infinite. By the time the resource is
exhausted, technology will have provided us with an alternative-- an alternative
that was discovered by the free flow of oil to the industry and economy of the
US.
JOHN
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Message has 1 Reply:
 | | Re: interest rates & "Economic Health"
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| (...) Hardly a rosy picture! "Fewer jobs at home. No pension protection. No health care plan. Gambling the future of Social Security and Medicare" "The Labor Department said the nation's unemployment rate had edged up from 5.6 to 5.7 percent in (...) (20 years ago, 20-Apr-04, to lugnet.off-topic.debate, FTX)
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Message is in Reply To:
| | Re: interest rates & "Economic Health"
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| (...) OK. Tell me what has changed over the last month! (...) What does low inflation & low interest rates signify? Clue: Take a look at the Japanese economy. (...) If real interest rates are the lowest for 30 years, what is the incentive for me to (...) (20 years ago, 20-Apr-04, to lugnet.off-topic.debate, FTX)
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