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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: John who wrote (52436)	7/7/2011 2:48:39 PM
From: stock bull	1 Recommendation Read Replies (1) \| Respond to of 103300

I appreciate all the responses to my messages. I must admit that everyone has a good point to offer. I believe some of the comments are exceeding the scope of my original posting. All I was saying is that Corporations will start hiring, and expanding their facilities and product lines once demand improves. To improve demand, the consumer must have discretionary income. In general terms, the consumer is just hanging on and only spending on the necessaries of life. Thus, the economy is stagnating. (Now, I know that the forecast for GDP is about 1.7%, not great. I know that the Apple, and other stores, are doing very well. Just look at the economic reports that came out today.) However, to get "full employment" back in this country, we need a GDP north of 3.5%. Thus, consumer spending needs to pick up. That's where the tax cuts for the consumer come into play. I can discusses the Corporate side of the equation, but have to leave for now. I appreciate the discussion and will contribute as best as I can. Stock Bull PS: OT...I know that this board is on the Obama issues. However, I was wondering if anyone had some thoughts on IBM's downgrade today?