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« Polls

Is the U.S. heading toward another recession?

ChoicePercentVisualVotes
Yes 86%
478
No 13%
73
551 total votes

Comments

1 cambridge (3013 comments) posted 3 years ago

Yes if the teabagger/republicans have their way.

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2 AtownAugie (697 comments) posted 3 years ago

Heading toward another recession? Heading?? The present and continuing recession has no chance of reversing until the November 2012 election alters the forced -- and wrong -- direction of the country. A change in president will give people true hope -- not hype.

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3 Freeatlast (1991 comments) posted 3 years ago

The workers never got out of the last one , only big money did .

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4 Peregrine (47 comments) posted 3 years ago

Heading for one! We never left the last one.

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5 redvert (2065 comments) posted 3 years ago

All we have to do is continue to spend money we do not have and everything will be fine.

We need another stimulas program, the last one worked so well.

Obowser in 2012 "Winning The Future" or "WTF"

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6 paulydel (1295 comments) posted 3 years ago

What do you mean another recession? We never got out of the current one.

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7 cambridge (3013 comments) posted 3 years ago

Actually Solyndra went bankrupt because they could no longer compete with Chinese government subsidized companies cutting their prices 42% in the first eight months of this year to corner the market.

If you want the real story you can read it in the link below, or not.

http://www.sfgate.com/cgi-bin/article...

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8 cambridge (3013 comments) posted 3 years ago

RE: Solar Manufacturing and the part of the story some people want to ignore.

http://www.sfgate.com/cgi-bin/article...

I would like anyone to name one company who could survive a 42% drop in prices over a ten month period from its Chinese government subsidized competitor.

It's an old tactic. It's how Microsoft, Apple and Intel became who they are. When new competitive technology turned up they either bought them out or drove them out of business by cutting their price until the competition couldn't compete. When a country as big as China is subsidizing you there are no companies that can survive if you chose to corner that market.

The same thing happened in the American steel manufacturing industry when they lost out to steel mills subsidized by the Japanese government who dumped steel around the world at a loss so they could corner the market and it worked, until the recent past when China did it to them. Now Japan is fighting to keep what it has left of its steel industry.

What is amazing is the people in this country who praise companies like Honda who are subsidized by their government for decades and cry about their own government giving a loan so Americans can compete. Obviously Solyndra didn't work out but ignoring why it didn't work out just shows stupidity.

You see the obvious when it's right in front of you or I guess you can continue to ignore it.

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