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> Poll for the Times
Quick snapshot
All in all, are things OK?
Yes [ 7 ] ** [63.64%]
No [ 4 ] ** [36.36%]
Total Votes: 11
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Roger Kaputnik
post Dec 9 2008, 01:16 PM
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Snapshot question:


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Tom Burns
post Dec 10 2008, 06:41 AM
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QUOTE(Roger Kaputnik @ Dec 9 2008, 01:16 PM) *

Snapshot question:



Assuming this is an economics based question....


There was an interesting presentation at the University of Chicago last night on Post-Election Economics by Prof. Erik Hurst. His views....the economy will not resume any significant growth for another l8 months, bail outs can create long term less than optimum allocation of resources but in the short term may be a political reality. Housing has in recent decades had strong runups in pricing followed by 30-40% corrections, housing should be allowed to readjust to market prices and prop-up programs will only prolong the readjustment and recovery.
In the long run the U.S. economy will survive but growth may be limited by over regulation as a by- product of the recent sub-prime lack of regulation. His views were within the Chicago school of economics view...i.e. Milton Friedman.

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Southsider2k12
post Dec 10 2008, 07:51 AM
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Boy we are optimistic bunch aren't we!
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Roger Kaputnik
post Dec 10 2008, 07:56 AM
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QUOTE(Tom Burns @ Dec 10 2008, 06:41 AM) *



Assuming this is an economics based question....



Assume away! but the poll has no qualification.


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digger262
post Dec 10 2008, 09:42 AM
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Taking the poll question on face value, I say yes. It all comes down to ones definition of OK.
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Roger Kaputnik
post Dec 10 2008, 10:32 AM
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That is the point.


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Ang
post Dec 10 2008, 10:39 AM
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I looked at the big picture of my life when I answered the question. I considered all aspects-home, job, finances, children, etc-mulled it over for a few minutes then answered the question.


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Roger Kaputnik
post Jan 13 2009, 12:39 PM
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bump


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