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Stagnation
A period of little or no growth in the economy. Economic growth of less than 2-3% is considered stagnation. Sometimes used to describe low trading volume or inactive trading in securities.
Investopedia Commentary A good example of stagnation was the U.S. economy in the 1970s.
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Listening to the commentary on the financial channels, they are telling us that our country is in Stagnation. Gas prices are rising, people's salaries are increasing a slower rate than in the past. Stock market is not increasing.
I am not sure how we are going get out of this mess, until gas prices start declining. How can we spend if it costs all of our pennies to get to the store.
To Victory in 2008,
JD
1 comment:
To understand the solution, you must first come to grips with the problem. For decades, the Republicans have claimed that smaller and less intrusive government will work to the betterment of all of us yet, when push comes to shove, they continue to increase the size and scope of Federal programs and allow the Federal Reserve to rape and pillage the Dollar.
The *only* solution to the economic troubles we have today is for a dramatic decrease in the size of government. And not just the "I'll stop earmarks" kind of pabulum - there must be a minimum of zero growth in all sectors, if not a dramatic decrease.
If McCain had the cajones to support a true Conservative platform, he'd have my support. Instead, he caters to the Bushies and neocons while our national treasure and reputation go the way of the buffalo.
Government is not the solution. Government is the problem.
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