General Discussion

JoePhilly

(27,787 posts)

23. You nailed this ...

Sun Jan 1, 2012, 11:57 PM

Jan 2012

Every summer since Obama took office, the predictions of a double dip recession fill DU.

Meanwhile, the Dow has run in a range between about 10k and 12.5k ... if all you did was sell some when the DOW passed say 11.5k, and then bought more each time the DOW dropped under 11k ... you made money.

The UE is slowly improving ... even with all of the GOP obstruction. We continue to add provate sector jobs even as the GOP tries to fire every public sector worker.

The GOP and Bush made a huge mess, and I think, as a nation, we've recovered more than I thought would could back in Jan 2009. Sure, everyone wants it to happen NOW ... but the mess was too big ... so I am very optimistic about the future.

Back when the DOW was falling to 6500, I was encouraging right wingers to SELL SELL SELL!!!! They were predicting a DOW of 2k.

And I hope they lost a fortune.

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Check in in you don't expect anything to be better in 2012 [View all] RB TexLa Jan 2012 OP

Can I check in if I'm not sure? mahina Jan 2012 #1

'Sup. BlueIris Jan 2012 #2

Computers will continue to get faster, cheaper, and more ubiquitous Electric Monk Jan 2012 #3

To quote the inimitable John Lennon (responding to McCartney): coalition_unwilling Jan 2012 #4

Ok, now that's just spooky. After posting (above) I went to pour a drink and started singing Electric Monk Jan 2012 #13

Great minds and all that. At least it wasn't coalition_unwilling Jan 2012 #17

Oh lordy johnnie Jan 2012 #5

Nah.. girl gone mad Jan 2012 #6

I'm not worried johnnie Jan 2012 #9

Everything's cool pintobean Jan 2012 #12

Do you know the story of Chicken Little? johnnie Jan 2012 #20

Checking in. emilyg Jan 2012 #7

Checking in. Odin2005 Jan 2012 #8

continuing to hope for the best while preparing for the worse Tuesday Afternoon Jan 2012 #10

I hate to sound pessimistic, but I don't know where the magic is coming from to suddenly RKP5637 Jan 2012 #11

Pessimists usually get what they expect frazzled Jan 2012 #14

They also get pleasantly surprised much more often than optimists do Electric Monk Jan 2012 #16

It didn't sound as if ... frazzled Jan 2012 #18

Yep, that's a good way of looking at it all. Generally those that expect less are often more RKP5637 Jan 2012 #19

I'm not looking for anything positive, life it what it is. RB TexLa Jan 2012 #24

yes, just THINK HAPPY THOUGHTS!!! Skittles Jan 2012 #26

Thanks for the facile response frazzled Jan 2012 #33

YOU PEOPLE??? Skittles Jan 2012 #40

Yeah, the people in this thread frazzled Jan 2012 #46

Most things will simply stay the same Warpy Jan 2012 #15

I buy when everyone else is selling. Ikonoklast Jan 2012 #21

You nailed this ... JoePhilly Jan 2012 #23

there was no double dip Skittles Jan 2012 #28

Technically, we did exit the first recession ... JoePhilly Jan 2012 #42

The economy grew by 3% last year! rusty fender Jan 2012 #48

pintobean Jan 2012 #30

Worse personally. MedicalAdmin Jan 2012 #22

This message was self-deleted by its author oxymoron Jan 2012 #25

generally, I'm optimistic.... unkachuck Jan 2012 #27

I think you are right Mojorabbit Jan 2012 #38

It's going to be a fantastic year moobu2 Jan 2012 #29

I'm with you! DesertRat Jan 2012 #32

One thing will be better in 2012 - a lot more people will wake up, and that's always a good thing GliderGuider Jan 2012 #31

Cautiously pessemistic Populist_Prole Jan 2012 #34

I Disagree Somewhat Dirty Socialist Jan 2012 #35

It's drip, drip, drip from here on out toddaa Jan 2012 #36

I might end up better off personally SixthSense Jan 2012 #37

When do we hit bottom cyglet Jan 2012 #39

You seem to be suffering from clinical depression. Have you considered seeking professional help? RBInMaine Jan 2012 #41

I am not suffering from any conditions. RB TexLa Jan 2012 #47

You Never Know...end of post.. Stuart G Jan 2012 #43

Sadly, I don't. GoCubsGo Jan 2012 #44

More or less the same. Autumn Jan 2012 #45