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What is your pridiction on when the economy?

Will get better? Analyst Predictions are not till 2013 and 2-3 million more net job losses to come. If Obama's Stimulus plan is Create 2 million jobs, yet it's predicted 6.5 Million job losses, I just don't see how that is supposed to help re-boost the economy that much faster. Should we start spending or keep savings

Asked By: Stealth - 2/13/2009
Best Answer - Chosen by Asker
I think it is because no real presidents and political leaders can foresee the job creation in the future. If I were you, I would have started the old tradition of a Penny saved is a penny earned. As the staggering inflation keep on rising in almost any thing can buy and sell in th market, I keep on bargaining every... More
Answered By: Jill Y - 2/13/2009
Additional Answers (3)
Spending/Saving issue is related to the Bank interest & Inflation. If inflation continues to remain above bank rate(PSR), then there is no point in saving the money... More
Answered By: chahat thakkar - 2/13/2009
 
Optimistic predictions is that if the stimulus works, the economy will turn around by the end of this year, but by than the unemployment rate will be about 9% and it will take more than a year for it to normal and it may be much longer. The purpose of the stimulus is to stop the slide downward and to speed the... More
Answered By: meg - 2/13/2009
 
economist say we should start seeing an upswing before the end of the year. people we won't totally know if the stimulus is working until this time next year.
Answered By: wimpy - 2/14/2009
 
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