5 Potential Problems That Could Kill The U.S. Recovery

Time:

Take the latest Wall Street Journal economic forecasting survey: Economists put the chances of a double-dip recession in the next year at a mere 16%. And a lot of them think U.S. growth will practically double in speed in this year's second half. And yet, consumers are hurting, unemployment is up, and housing prices continue to fall. So what's with all the freakish positivity?

Read the whole story: Time

Comments

[AlsoSarah]

06:26 PM on 06/16/2011

Are you kidding? We are already there!

[american-dolt]

03:56 PM on 06/16/2011

WHAT RECOVERY? We have been like this since 2000. I mean who the Hell are you communicating to?

[AyeChart]

01:15 PM on 06/16/2011

9) Listening to any Keynesian economist works great for killing recoveries.

[AyeChart]

01:14 PM on 06/16/2011

1) Driving up energy costs. Obama and his minions WANT TO DO THIS AND HAVE SPOKEN EXPLICITLY ABOUT HOW TO GO ABOUT IT. 2) Tax hikes. 3) TALKING about tax hikes works just about as well as actually raising them! 4) Layering on more bureaucracy. 5) Growing the size of government. Nonproductive government workers HURT the economy, they don't grow it. 6) Electing Obama as president worked really well to kill any recovery. Of course, that's not independent of the above factors. 7) Practicing class warfare. 8) Electing a Democratic majority in the congress. All those things helped kill a recovery deader than a doornail. 6)

[Kenz300]

11:26 AM on 06/16/2011

Republicans do not want the economy to recover. They hope that a bad economy will lead them to election victory in 2012. They seem to be trying to keep the economy down for political reasons and seem to care little about the impact on average Americans. I guess they are OK with that as long as the top 2% are happy with their tax cuts.

[AyeChart]

01:16 PM on 06/16/2011

Actually, it's the Democrats' blocking of Republican proposals which is preventing economic recovery.  Republicans are actually proposing proper policies.  The Senate and Obama will block any recovery, however.  So Republicans don't have any election worries in that regard.

[blurredmolly]

05:17 PM on 06/16/2011

What are proper policies?

[MilesToGo]

08:20 PM on 06/16/2011

Seriously, what "proper policies" have the Republicans proposed? I haven't seen anything new or proper in a very long time. What could you be suggesting? Tax reductions? Program eliminations? "Entitlement" reforms? Reform or elimination of regulations?

[Kenz300]

11:23 AM on 06/16/2011

As long as oil companies have a monopoly on transportation fuels we will suffer with higher and higher fuel prices. It is time to diversify the fuels we use for transportation and end the monopoly.
We need ethanol, diesel, biodiesel, CNG, Hydrogen, and electric charging stations. Second generation ethanol made from algae, cellulose and waste are the future. Let's turn all that trash into both fuel and energy.

[AlsoSarah]

06:28 PM on 06/16/2011

Doesn't Venezula run their cars on sugar?

[NWBrunette]

12:40 AM on 06/16/2011

Stop electing baggers, win.gnuts, trolls, blue dogs and rush-regurgitating-repubs. The economy will restore itself in no time.

[Genders]

09:42 PM on 06/15/2011

Here are the real 5 ways to kill the economy: Fail to tax the rich as the levels IKE did. Fail to seize the Bankster QUADRILLIONS in SWAP derivative gambling debt. Fail to drastically scale back the USA spending of more than the rest of the world on war and the 54% of our taxes that eats up(warresistors.org). Fail to invest in Green energy, Infrastructure and the citizen's safety net, and Failure to outlaw political bribery by instituting publicly financed elections.

Guess what? The GOP won't do what's needed. The DLC Obama/Clinton Trickle down DINOS won't do that. http://en.wikipedia.org/wiki/Democratic_Leadership_Council
http://www.dlc.org/

Only the Progressive Caucus proposes that.
http://cpc.grijalva.house.gov/

[NWBrunette]

12:40 AM on 06/16/2011

Hear hear!

[AlsoSarah]

06:29 PM on 06/16/2011

Fanned.

[the964kid]

06:31 PM on 06/15/2011

How To Kill The U.S. Recovery...

... vote republican.

[unionave]

09:19 PM on 06/15/2011

f/f ! That will do it every time .

[jnratliff]

05:57 PM on 06/15/2011

How To Kill The U.S. Recovery?
Get republicans involved!

[unionave]

05:28 PM on 06/15/2011

Oil prices went from $2.56/bbl in 2000 to over $147.00/bbl in 2008 , all under the watchful eyes of the CFTC . And while oil prices were at the apex GWB over stocked the national reserves . That is what is known as helping pals and 101 on how to create deficits .
When fuel prices go up so does everything else . Which causes over spending beyond the budgeted amount , creating deficits .
Unless something is done to reduce the cost of energy the economy , deficit , and debt are going to be serious problems .

[cobry4949]

05:23 PM on 06/15/2011

Until we get the polticians heads out of companies pockets and outof other countries secret agendas we will never get our governemtn back=AMERICA MUST BAN ALL LOBBYING BECAUSE WE ALL HAVE BEEN SOLD OUT. The wall street sabotoge that was no accident, the wars started from lies, and if we ever had a real 9/11 investigation there would be who would hang for treason right in America. Our media is just abunck of puppets trying to brain wash AMerica go see who owns them and that will give youa a clue. America better wake up and fast, yes you have been dumbed down on piurpose because there philospy is a dumb American is a obeidient AMerican. There is gouging going on the truck load instead of playing with medicare all they have to do is tell and make it law, and standardize cost, the insuance companies are robbing America like the oil cartel is. We need to ban all lobbying today. We need to tke control of our governemtn and kick out the elitis if not throw them in jail.

[jl Walker]

05:02 PM on 06/15/2011

Well, I am glad someone is learning the Republicans plans to kill the economy They started with the gas price in November. Now its unions, women rights, ID cards for voters and next is the destroy the middle class. That is not just the Republicans we can give the blame to the sorry lazy congressmen/governors that we have representing us. They are not doing their jobs at all. I don't understand why the people are blaming the President when the House, governors, and Senate that you put in office is the ones that are actual voting on these sorry bills yet you say nothing about them. They have so far voted to destroy the unions and everything they can to help the middle class. Yet you voted for them. Blame yourself for the economy and Fox New for lying to you.

[unionave]

05:33 PM on 06/15/2011

f/f ! I'm glad to find people like you that not in a dream world . What those dreamers are not paying attention to , is changing the President will not change the present conditions .

[jnratliff]

05:59 PM on 06/15/2011

Amen!

[jl Walker]

04:47 PM on 06/15/2011

This is your congressmen and senator fault for allow the Republicans to raise these gas prices. They are the ones that vote for this and they are the ones for the blame.

[jnratliff]

06:01 PM on 06/15/2011

They are the ones to blame for all the problems we have! They created them and the only way to change it is to get rid of them!

[presenseOfcolor]

04:15 PM on 06/15/2011

Leave it to me, a staunch independent conservative to ruffle a few feathers, so here goes.
As usual I read the entire article, and I can definitively lay the culpability for two of the five items firmly upon the shoulders of this administration, and partial responsibility for another as well.
Oil, it may be true that oil production is up now, but that's NOT to the credit of this administrations policies, but rather to Clintons as well as Bush's administrations. New leases for oil under Salazar flow like molasses uphill in January. A few days ago I read a report on a new find by Shell, 300 billion barrels in the gulf, a deep water find. Deep water wells are NOT being approved under Salazar, yet Billions of our tax dollars are being spent in Brazil and Columbia so they can drill in deep water. It's this kind of schizophrenic policy makings that are the causations behind business not investing under the current administration.
Housing: the true cost of the Fannie and Freddie bailouts has reached 317 billion dollars. Yet right now these Government run disasters are churning out 5% low interest flex loans, another bubble to burst in what is already worse than that during the great depression. Unconscionable.
Euro zone: Obama just sent 30 billion more of your dollars into the bankers pockets in Greece, a country that has the worst credit rating in history and one that should default to save it's people from the bankers.

[jnratliff]

06:02 PM on 06/15/2011

Insane!