America's Future Looks Bright

[Jordan]

Don't let the ups and downs of the market scare you, the economy is looking better every day!

Short term trends bringing 1999 back:

• Low rates fuel capital investment at home - Booyah! Investment in the United States running at a good level.
• Businesses are making good use of existing capacity - Weakness? Meh, in the aggregate the economy is doing just fine.
• Businesses have record amounts of cash they'll have to return or invest - This cash will fuel all kinds of economic growth.
• Fiscal cliff crisis will be averted - Fiscal cliff is just a temporary concern. Don't sweat it.
• American debt service ratio declining; households are deleveraging, but are poised to increase their spending - All Americans, not RPF, but all Americans, are doing quite well as they make all the right moves to repay old debt and prepare for future spending.

Long-term trends in America's favor:

• Insourcing is bringing back American jobs Jobs, baby - jobs!
• Chinese labor is expensive! BCG expects it to be on par with American worker wages by 2015.
• We're sitting on 2.2 quadrillion cubic feet of natural gas - We have enough energy to last a loooong time; and it's cheap to bring to the ground, too!

How to improve your future:

• Buy a home because renting is for suckers
• Look for a job in America's fastest growing industry!
• Go back to school for a degree because employers are ready to hire skilled workers.
• Start looking for a degree that will give you a good return - Several have 0% unemployment, and six-figure wages.

How not to improve your future:

• Waste time on the internet debating issues in which you have no invested interest.
• Be a cynical pessimist because no one wants to work with pessimists.
• Fear doomsday scenarios and waste years away with inaction.

[Acala]

Dream on

[Jordan]

Dream on

Pessimism was so last year. Lost decade? Pfft, see the brightness shining through - it's halfway over!

[Acala]

Pessimism was so last year. Lost decade? Pfft, see the brightness shining through - it's halfway over!

I'm one of the happiest people you will ever meet. But not because I see the econmic future as anything but a steaming pile of ORMUS

[Zippyjuan]

It depends on where you are looking at it from. If the viewpoint is from the lofty peak of the housing bubble, things are bad. If you are looking from the bottom of the recession, things have improved quite a bit. Improved enough? No. But have been improving.

[gwax23]

This is a joke right?

[jclay2]

I negative repd you for your post. Seriously Jordan, your comments are starting to resemble professional sarcasm posters. There is absolutely zero basis for saying the country in general has a bright future ahead of itself (given its current path of projectile). The single biggest problem, that you don't even bother mentioning, is the federal reserve and other central banks. They have taken over the stock, bond, currency markets, and any price signals from them are now meaningless. This is leading to the biggest mis allocation of capital in the history of the world. Interest rates of completely bankrupt states are negative after accounting for inflation and people are bidding up risk assets in search of any yield on capital. This makes all of the markets very prone to crash, as they are not driven by real fundamental supply/demand any more but rather central bank decisions of qe 1..2..3...4...5...n. The real craziness will begin when the ignition of this misallocation (money printing) makes a debt crisis turn into a currency crisis. No one knows when, but this ponzi scheme is coming down whether you like it or not.

Now as far as improving ones self, when has rpforums been filled with people against gaining new skills and marketing ourselves?

[CaptainAmerica]

What are you smoking Jordan?

[Indy Vidual]

...
How not to improve your future:

• Waste time on the internet debating issues in which you have no invested interest.
• Be a cynical pessimist because no one wants to work with pessimists.
• Fear doomsday scenarios and waste years away with inaction.

+Rep
America's Future Looks Bright:
Hope for America

[Barrex]

How not to improve your future:

• Waste time on the internet debating issues in which you have no invested interest.
• Be a cynical pessimist because no one wants to work with pessimists.
• Fear doomsday scenarios and waste years away with inaction.

+ rep with a note: dont mind them you are all idiots.