Where do you see the US economy going in the next 5 years?

[Yollam]

Where do you see the US economy going in the next 5 years?

[Warpy]

1. Collapse if the GOP stays in control and all they do

is keep cutting taxes on the rich, encouraging corporations to offshore jobs and manufacturing infrastructure, and generally destroying the consumer economy. Look for all that easy credit card money to evaporate quickly as credit card companies get nervous about debt repayment and start to jack up those minimum payments. Look for the real estate crash to get worse as people try to sell their houses in the hope the equity allows them to pay off the credit card debt. Look for stocks to do a slow slide, since it's a rich man's game and they're not hurting and there is noplace else to put their wealth except gold and high risk foreign stocks.

The present system is simply unsustainable, and I don't see either party addressing any of the root causes of the instability.

[Double T]

2. Washington D.C. congressional whores ( on both sides of the aisle)......

selling out our country to the American corporate traitors.

[Zinfandel]

3. The next president is going to really get a pile of shit, like Clinton

inherited under Bush...the nest Pres will get all the blame and will have to raise taxes and will be a one term-er.

[Ron Mexico]

4. Gotta go with #5 here.

The fact that we even have a SEMBLANCE of an economy left after five years of * indicates that the economy is almost impossible to kill, but too much damage has been done for even the most opitmistic person in the world to predict any positive change.

[Tierra_y_Libertad]

5. When the bills come due to the taxpayers..the "war" ends.

Right now, it's borrow and spend time. When the creditors start demanding payment...the flag-waving will cease to work.
People will gradually realize that shooting up the rest of the world to benefit the capitalists has to be paid for.

[mac56]

6. I missed the choice for "in the toilet".

nm

[xchrom]

7. i had to go with stagflation and high unemployment.

i'm not sure about whether the real estate bubble will ''burst''.

but i can't see the way we print more money into the debt and deficit giving us anything but some kind of stagflation for sure.

we will be lucky if we avoid deflation.