Credit Crunch/Recession Thread - Page 5

12.16.2008, 04:44 PM

you quoted me.

!@#$%! · 12.17.2008, 11:55 AM

New Poll Shows 63% Are Already Hurt by Downturn
By Michael A. Fletcher and Jon Cohen
Washington Post Staff Writers
Wednesday, December 17, 2008; A07

The deepening recession has eroded the financial standing and optimism of a broad swath of Americans, nearly two-thirds of whom say that they have been hurt by the downturn and that the country has slipped into long-term economic decline.
A new Washington Post-ABC News poll also found that a rapidly increasing share of Americans -- 66 percent, up from just over half a year ago -- are worried about maintaining their standard of living. Nearly two in 10 said they or someone living in their household had lost a job in the past few months, and more than a quarter said they had their pay or hours reduced. And 15 percent said that at some point in the past year they fell behind on their rent or mortgage.
The poll captures the widening fallout from the faltering economy that policymakers are struggling to contain. The Federal Reserve yesterday cut its target for the federal funds rate to a range of zero to 0.25 percent, the lowest on record.

etc.

atari 2600 · 12.17.2008, 03:50 PM

Quote:

Originally Posted by sarramkrop

atari just neg repped my reply to his post above. so mean, it's only the internet guys.

What a liar! I did not, you attention whore!

greedrex · 12.17.2008, 03:56 PM

ha ha ha

MellySingsDoom · 12.17.2008, 04:41 PM

Seeing as GW Bush has made a complete hash of things re the US economy, it'll be interesting to see over the coming months how Barack O can turn things around. As for the UK, words fail me - we have a Thunderbird puppet for a Chancellor, and a short-tempered spazznozzle for a Prime Minister. No wonder we're in so much economical shit here at the moment.

Also, you would've thought that this all shows just how fragile and liable to collapse the whole "free market" concept is.....ha ha, free market, what a bad joke, "free" as long as you're not a developing country, because if you are, then you're fucked forever by good old first world protectionism.

!@#$%! · 12.17.2008, 06:09 PM

motherfuck, chrysler is shutting down all 30 plants for a month

merry fucking christmas

12.16.2008, 04:44 PM	#81
sarramkrop Posts: n/a	you quoted me.
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12.17.2008, 11:55 AM	#82
!@#$%! invito al cielo Join Date: Mar 2006 Location: mars attacks Posts: 42,465	New Poll Shows 63% Are Already Hurt by Downturn By Michael A. Fletcher and Jon Cohen Washington Post Staff Writers Wednesday, December 17, 2008; A07 The deepening recession has eroded the financial standing and optimism of a broad swath of Americans, nearly two-thirds of whom say that they have been hurt by the downturn and that the country has slipped into long-term economic decline. A new Washington Post-ABC News poll also found that a rapidly increasing share of Americans -- 66 percent, up from just over half a year ago -- are worried about maintaining their standard of living. Nearly two in 10 said they or someone living in their household had lost a job in the past few months, and more than a quarter said they had their pay or hours reduced. And 15 percent said that at some point in the past year they fell behind on their rent or mortgage. The poll captures the widening fallout from the faltering economy that policymakers are struggling to contain. The Federal Reserve yesterday cut its target for the federal funds rate to a range of zero to 0.25 percent, the lowest on record. etc.
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12.17.2008, 03:56 PM	#84
greedrex invito al cielo Join Date: Jan 2008 Location: in yr fotobukit Posts: 6,588	ha ha ha __________________ Greed Recordings bandcamp ~The Rex~, stalkin' yr shit since 2008.
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12.17.2008, 04:41 PM	#85
MellySingsDoom invito al cielo Join Date: Mar 2006 Posts: 8,662	Seeing as GW Bush has made a complete hash of things re the US economy, it'll be interesting to see over the coming months how Barack O can turn things around. As for the UK, words fail me - we have a Thunderbird puppet for a Chancellor, and a short-tempered spazznozzle for a Prime Minister. No wonder we're in so much economical shit here at the moment. Also, you would've thought that this all shows just how fragile and liable to collapse the whole "free market" concept is.....ha ha, free market, what a bad joke, "free" as long as you're not a developing country, because if you are, then you're fucked forever by good old first world protectionism. __________________ Snow on Easter Sunday - Jesus Christ in reverse.
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12.17.2008, 06:09 PM	#86
!@#$%! invito al cielo Join Date: Mar 2006 Location: mars attacks Posts: 42,465	motherfuck, chrysler is shutting down all 30 plants for a month merry fucking christmas
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