Truckers' Trucking Forum | Message Board | Discussion - The Premier Truck Drivers Forum!  

Trucker MySpace - Truckers Making Friends. Chicken Truckers Come Meet Other Truckers!

Good Trucking Jobs - Forget Those CRAP Trucking Jobs & Find A Good Trucking Job!

Go Back   Truckers' Trucking Forum | Message Board | Discussion > Trucking News & Reports > News - NON Trucking News
Reload this Page Odds are growing for economic recession
JOIN Forum Donate Truckers Blogs FAQ Members List Calendar Mark Forums Read

Truckers' Trucking Forum/Message Board - The Premiere Truck Driver Forum
Sponsored Links

Important Truckers Forum Notice!
Hello Truckers & Non-Truckers! Be sure to check out our TRUCKERS SOCIAL GROUPS or check out our TRUCKERS BLOGS to make your OWN place on the internet! SEARCH Also remember to get our 2009 Truckers Report Calendar Don't forget our Truckers Report Stamps

News - NON Trucking News Missing Gears. Post & discuss news that is not directly related to trucking or truckers. A current events message board for everyday news. Talk about national news, world news, technology, science, sports and more.

Reply
 
Thread Tools Rate Thread Display Modes
  ^ Top   #1  
Old 01.13.2008
Cybergal's Avatar
Trucker Forum STAFF
  
Member Since: Jan 2006
Location: USA
Trucker? Trucking Industry
Posts: 20,271
My Trucking Photos: 27

Thanks: 1,297
Thanked: 985 Times
My Truckers Blog : 13
Odds are growing for economic recession
Odds are growing for economic recession
1/13/08
Quote:
WASHINGTON - The unemployment rate leaps to a two-year high, record numbers of people are forced from their homes and Wall Street nose-dives again. Such is the fallout from a housing meltdown that threatens to slingshot the country into a recession.
The big economic question these days is whether the weakening economy will survive the strains or collapse under them.
The odds have grown that the economy will slip into a recession. At the beginning of last year, many economists put that chance at less than 1-in-3; now an increasing number says it has climbed to around 50-50. Goldman Sachs, the biggest investment bank on Wall Street even thinks a recession is inevitable this year.
Hopeful it can be avoided, President Bush and the Democrat-controlled Congress are exploring economic rescue measures, including possible tax rebates. Federal Reserve Chairman Ben Bernanke pledged to lower interest rates as needed.
The idea is to induce people to boost spending, especially on big-ticket items such as homes and cars, and revitalize economic activity.
More here>>>>>>>
__________________



The Truckers Report Merchandise
Reply With Quote
Remove This Ad By Registering. Join Our Truck Forum and Trucking Community For Free. Sponsored Links:

  ^ Top   #2  
Old 01.13.2008
Truck Vet's Avatar
NRA AMA Libertarian
  
Last Seen: 2 Minutes Ago 08.27 AM
Member Since: Aug 2006
Posts: 1,141
My Trucking Photos: 0

Thanks: 27
Thanked: 6 Times
The Democrats take control of congress and what have they
accomplished? Harry Reid decreased confidence by saying we
have lost the war in Iraq (when we are winning). They have
increased the minimum wage, starting a layoff. Attacked employers
who hire illegals, rather than go to the root of the problem by
securing our border. Every year since Bush has taken office
the Dems have predicted a recession. Now, when these
tax cuts which I and thousands of other Drivers have profited from
expire (thereby raising taxes) this Democratic congress will get their
wish (a recession). When Bush leaves Hillary in a recession just remember
it was caused by this democratic congress......
Reply With Quote
  ^ Top   #3  
Old 01.13.2008
MIA (Banned or Retired)
  
Last Seen: 10.11.2008 02.29 PM
Member Since: Sep 2006
Location: IL
Trucker? 4-Wheeler
Posts: 8,519
My Trucking Photos: 0

Thanks: 40
Thanked: 795 Times
The so-called "experts" have been saying a recession is right around the corner for 5 years. Now the economy slows and they all say "See? we were right".

Ignoring the quarter after quarter of growth.
Reply With Quote
  ^ Top   #4  
Old 01.13.2008
Road Train Member
  
Last Seen: 09.15.2008 07.59 PM
Member Since: Apr 2005
Location: Southwestern Michigan (Lawrence)
Posts: 2,182
My Trucking Photos: 0

Thanks: 0
Thanked: 13 Times
As I have often said, when everyone else is standing in bread lines, I expect to stay busy delivering flour to the bread companies......
Reply With Quote
  ^ Top   #5  
Old 01.13.2008
TrooperRat's Avatar
"What a Trooper"
  
Last Seen: 10 Hours Ago 10.04 PM
Member Since: Dec 2007
Location: Phoenix, AZ
Trucker? 25 Years
Posts: 449
My Trucking Photos: 0

Thanks: 36
Thanked: 44 Times
My Truckers Blog : 18
Quote:
Originally Posted by Burky View Post
As I have often said, when everyone else is standing in bread lines, I expect to stay busy delivering flour to the bread companies......
LOL - ain't it true? Even in the worst economical situation, trucks simply cannot stop - if they do, we're ALL in a DISASTER that would be FAR worse then the Great Depression.
Reply With Quote
Remove This Ad By Registering. Join Our Truck Forum and Trucking Community For Free. Sponsored Links:

Reply

Truckers Forum Bookmarks - Like This Thread? Tell The World!

Truckers' Trucking Forum/Message Board
Truckers Accessories

« Stealing Beer in the Fire Dept. House | Jean Claude 2 »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Trucker Forum Replies Last Post
New Orleans fastest-growing city in US Cybergal News - NON Trucking News 0 07.10.2008 09.47 AM
Truckers say port strike still growing Cybergal Truckers Strike Forum 0 04.03.2008 09.36 AM
Hillary’s Nose: It’s Growing Day By Day Ronnocomot Politics 1 10.16.2007 08.44 AM
Woman trucker battles the odds Cybergal The Ladies' Room 2 06.26.2007 11.27 AM


.

The Truckers Report - Trucker Photo Gallery - Contact Us - Truckers Forum - Top

vBulletin Forum Software, Copyright ©2000 - 2008, Jelsoft Enterprises Limited.
Copyright © The Truckers Report - Trucking Forum & Message Board - Truck Driver Discussion - Truck Forum

Trucker Forum Disclaimer: All content, information and opinions (collectively, the "Material") presented on Our Trucker Forum Discussion Board at TheTruckersReport.com are those of the authors of posts and messages (collectively, the "participants") and not The Truckers Report. The Truckers Report does not guarantee the reliability, completeness, accuracy, timeliness or up-to-date-ness of the material presented on the Truck Driver Forum. The material is published "as is," and does not represent the official views and opinions of The Truckers Report or any company. Any reliance upon the Material presented on these forums shall be at User's own risk. The Truckers Report does not review the substance of the content posted by users on these forums and is therefore not responsible for any of such content. The Truckers Forum merely provides a space for its users to express and exchange their own opinions.


Search Engine Friendly URLs by vBSEO