Americans, is the party over?

Answers:8   |   LastUpdateAt:2012-11-02 18:19:03  

Asked at 2012-08-13 15:03:03

"Until World War II , we followed the idea of ​​Hamilton that America must remain economically independent of the world to remain politically independent.

But this generation decided that was yesterday's bromide and we must march bravely forward in a global economy where all depend on each other . U.S. companies became " global companies " and moved plants and factories to Mexico , Asia , China and India, and began buying more cheaply from abroad what we used to do at home : shoes , clothes , bicycles , cars , radios , TVs , planes , computers.

As the trade deficits began inexorably up to 6 percent of GDP , which began borrowing from most overseas to purchase abroad.

At home , propelled by tax cuts , war in Iraq and an explosion in social spending , surpluses vanished and deficits reappeared and began to climb . The dollar began to sink, and gold began to rise.

But still, the promises of the politicians come . Barack Obama will give us national health insurance and tax cuts for all but 2 percent of the nation that already carries 50 percent of the federal tax burden .

John McCain will cut taxes, expand the military , move NATO into Georgia and Ukraine, confront Russia and Iran , the strength to stop enriching uranium or "bomb , bomb, bomb," with Joe Lieberman as wartime consigliere .

Who are we kidding ? "

Answer1keniaAnswered at 2012-09-03 17:38:02
The party has just begun for Wall Street .
Answer2GenevieveAnswered at 2012-09-06 00:19:03
" But this generation decided that was yesterday bromide and we must march bravely forward in a global economy , where we all depend on each other ." MedlinePlus MedlinePlus MedlinePlus The generation of baby boomers ( weeping ) got what they wanted . It's all downhill from here . Is not it wonderful to depend on others for our nation's well-being ? MedlinePlus MedlinePlus
Answer3LealAnswered at 2012-09-11 20:01:05
It ended a few months ago when the track announced these things online . I repeated some of the remarks here on Yahoo Q & A and was heavily criticized for being pessimistic and anti -US. MedlinePlus Our family all investments diversified over a year ago and most are still a million miles from Wall Street . MedlinePlus How is it that people outside could see it coming for months and U.S. refused to see , as even a possibility? MedlinePlus If the game is much more . Sorry to those who do not deserve the results . MedlinePlus We believe that Americans will take fifteen years to get where I was a year ago. MedlinePlus is so shocking that if I was an American who had seek comfort unreality that their presidential candidates seem to be able to give them . We know they're kidding , but what the heck , what else is there ?
Answer4ButchAnswered at 2012-09-15 10:06:04
hippies will tell you , to ensure world peace and then a global economy now! is the way to go . over time we will be there MedlinePlus However, right now there is too much confusion in the world to support a global economy . At this point it is necessary to reform this country a beacon of light that was during the Reagan years . Independence from the inside out is the only way to ensure that when the world economy does ramp up we take it step by step and really show the world how we continue . If the truth is that you would not like to come here . Reform is the answer and Barry H Obama in the driver's seat , not lead we will follow the socialist road to destruction.
Answer5LelaAnswered at 2012-09-18 22:06:03
Still too early to tell what impact financial mess we enter . It will take at least three months, possibly longer, before everyone knows the real impact on savings plans of life , social security and job creation . At present , the world economy and the U.S. econony are suffering from pain . How much pain ? Only time will tell. MedlinePlus
Answer6i♥zeeAnswered at 2012-09-26 19:13:03
I am not American , but I am a historian and words are flying now are almost a copy of the Great Depression . one of them was Roosevelt Quote retardation Riders destruction , deception , and I quote despair.End These are the virtues that will run on a more profound problems do not help the economy recover , trust builds confidence. Speaking of his country build anything
Answer7RinAnswered at 2012-10-08 20:08:24
There are many things wrong with our system. McCain has been in years + 26 offices and no hope of changing it . Obama has no experience , but neither did the governor a governor Bush or Reagan . We need to clear the Senate and Congress to move forward. I have hope that Obama has not been poisoned by politics for much yet. We have to have oversight , term limits , job creation , education and accountability in government. Why vote for an incumbent who has done the same things for years . We will make changes this year .
Answer8luliAnswered at 2012-10-21 04:40:00
An artificially overheated economy can never last ... and certainly we are seeing now .
Answer9LeanoraAnswered at 2012-11-02 18:17:39
Yes the party is over and when I realized it was on 9/11/01...watching those towers come down I saw the writing on the wall...and I have prepared myself accordingly...
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