Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: GOPJ
As I believe in Reagan's trickle down effect for a prosperous economy and I too believe it works in reverse too. Americans, especially the middle class, are pulling back hard. Retail in shrinking, period. No need to comment on housing. The only thing growing at this time is government, the cost of food and energy.

Layoffs, nationwide, in half the business sectors are coming by early summer.

47 posted on 03/09/2008 3:46:12 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
[ Post Reply | Private Reply | To 29 | View Replies ]


To: RSmithOpt
As I believe in Reagan's trickle down effect for a prosperous economy and I too believe it works in reverse too.

A raising tide lifts all ships - a falling one, lowers them.

Given the multiple effects of ballooning inflation, collapsing dollar, shrinking economy, higher commodity prices, more unemployment, lower home prices, tighter credit, and more government debt... what does one do?

Well, other than be poor?

59 posted on 03/09/2008 9:54:40 AM PDT by GOPJ (A baby can't say Chinese additives makes the formula taste “funny" ... or poisonous,)
[ Post Reply | Private Reply | To 47 | View Replies ]

To: Travis McGee; ex-Texan; TigerLikesRooster; jas3; CodeToad; neverdem; ovrtaxt; nicmarlo; Pelham
As I believe in Reagan's trickle down effect for a prosperous economy and I too believe it works in reverse too.

A raising tide lifts all ships - a falling one, lowers them.

Given the multiple effects of ballooning inflation, collapsing dollar, shrinking economy, higher commodity prices, more unemployment, lower home prices, tighter credit, and more government debt... what does one do?

Well, other than be poor?

60 posted on 03/09/2008 9:56:44 AM PDT by GOPJ (A baby can't say Chinese additives makes the formula taste “funny" ... or poisonous,)
[ Post Reply | Private Reply | To 47 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson