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So How Long do you think it'll take before the Stimulus starts to work?

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steelmania75 Donating Member (836 posts) Send PM | Profile | Ignore Thu Feb-19-09 08:06 PM
Original message
So How Long do you think it'll take before the Stimulus starts to work?
I say 3 months. We should have the markets going up again by the end of the year.
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L0oniX Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:07 PM
Response to Original message
1. I don't think it will work.
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sallyseven Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:19 PM
Response to Reply #1
6. It took 8 years to destroy the economy
Edited on Thu Feb-19-09 08:20 PM by sallyseven
it will take a few to turn it around. Spend some money.
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MazeRat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:09 PM
Response to Original message
2. I would say at least 18 months...
People need jobs.

Debt has to be paid.

That is going to take a while, not to mention the Wall street hates everything its hearing about the stimulus packages.

All this assumes it actually works, this could be a much deeper hole than anyone realizes.

Peace,
MZr7
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regnaD kciN Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:11 PM
Response to Original message
3. I think you'll START seeing a turnaround by the end of the year...
...and I'm hoping that unemployment starts to decrease soon enough thereafter that people start feeling more optimistic by 2010 midterms.

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barbtries Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:14 PM
Response to Original message
4. i don't know
but with the stimulus passing and CA finally passing a budget i told my son who's in school at Humboldt to get his financial aid going NOW.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:17 PM
Response to Original message
5. 3 months? Handing the GOP firepower.


Try 50 years.

If we or the administration says this will work in months or years we are doomed. It's too easy to claim it's not working.
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woodwrite Donating Member (97 posts) Send PM | Profile | Ignore Thu Feb-19-09 08:22 PM
Response to Original message
7. The markets? Three months?
Have you never noticed one of those "business" news days when a corporate giant or two "streamlined" by ... oh, 25,000 or so workers, and the DOW skyrocketed? The markets are not the best indicator of a healthy economy. Less debt and lower unemployment, with a FLAT market and routine, old-fashioned dividends would suit me just fine, but the time to shoot for that is probably long past. In three months, things will be a lot worse than they are now,... but only maybe half as bad as they're going to get in a year's time.
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frogcycle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:37 PM
Response to Original message
8. I don't know, but if it lasts over
four hours, call your doctor to avoid permanent injury!


:rofl:
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:40 PM
Response to Reply #8
9. LOL...
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 08:45 PM
Response to Original message
10. I upgraded all my pr0n accounts because of the tax break, so I'm
pretty stimulated right now.
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