where do you think today's US economy is going?

United States
November 25, 2007 12:44am CST
Some (a lot) of people have said to me that it is going to go south. I surely hope not. I miss those days where things didn't cost so much and we had more time to vacation. Now it seems we work more for less. And at the end we end up with nothing in our pocket. Prices of everything is going up. What is your take on this?
2 responses
@Aurone (4758)
• United States
25 Nov 07
I guess we will soon see where it is going. But the markers don't look good. The dollar is down. The stock market is down. Crude Oil reached over $100 a barrel which makes everything else more expensive and this Holiday shopping season is predicted to be the worst in 5 years. I for one will be looking at the financial report on Monday to see how Black Friday went for retailers. Its a pretty good indication of how the market is, because the better off people are the more they have to spend on Christmas gifts and the Friday after Thanksgiving is one of the biggest shopping days of the year.
• United States
26 Nov 07
Amazing but the sales are up. Everyone shopped like no one believes.
@Aurone (4758)
• United States
26 Nov 07
Interesting. I see that they were up 8% better than expected but the Dow Still went down 1.83%--not good. But maybe we are doing better than we think.
• United States
27 Nov 07
maybe, and retailers are not pulling all stops. They are doing whatever it takes to get your money into their pockets. I mean did you hear about cyber monday? Shopping like crazy?
@ayou82 (3460)
• Philippines
25 Nov 07
i think the US economy is going down i hope they cover up soon as time is ticking
• United States
26 Nov 07
I don't know if we can recover that fast. Going down hill is easy and fast but climbing up it's slow. This is true for real life as to climbing a mountain and it's also true when it comes to economics.