Where will the economy be in 5 years?

I wouldn't worry too much about socialism. It probably won't hurt the US if it brings back a few more of the social safety nets Reagan got rid of, but it is unlikely we will get anywhere close to real socialism even if we do develop universal health care. We shouldn't be too woried until so much of the capital in the world accumulates in one place that is both too big to fail and too big for any of the governments too prop up. When that h'appens we should all be rather worried, although the response to that will probably not be socialism either. We really don't have any idea what will replace capitalism when it finally fails. I think we have a little longer than 5 years, but I woun't be the farm on longer than 25. Cheers, It can't be all bad.

well i hope it's better then than it is now. i mean, this economy is the worst since the Depression, so it can't get much worse than it is now. But i hope to god that it's better in the next year, also 5 yrs from now.

Lol, with or without intervention, in five years we will be better off, one way or another. The problem with our massive intervention is that in five years we'll have to carry a tax burden that will greatly slow down the recovery curve we would have experienced without the intervention. But believe me, in two years we'll hear that everything is going great and we are steaming in great speed up out of this hole. After all, somebody wants to be re-elected again;)