http://www.stocktradingtogo.com/2008/02/10/us-economy-in-a-recession/ Investing Online Made Easy Sat, 07 Nov 2009 04:49:15 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.stocktradingtogo.com/2008/02/10/us-economy-in-a-recession/comment-page-1/#comment-39702 Money Management And YOU! » This Week’s Interesting Articles | Spreading the word about wealth creation | MMAndYOU.com Sun, 17 Feb 2008 01:42:15 +0000 http://www.stocktradingtogo.com/2008/02/10/us-economy-in-a-recession/#comment-39702 [...] Recession: Are we headed there? Stocks, Advice, and everything under the sun on Wallt Street [...] [...] Recession: Are we headed there? Stocks, Advice, and everything under the sun on Wallt Street [...]

]]> http://www.stocktradingtogo.com/2008/02/10/us-economy-in-a-recession/comment-page-1/#comment-39526 Brandon Tue, 12 Feb 2008 14:12:08 +0000 http://www.stocktradingtogo.com/2008/02/10/us-economy-in-a-recession/#comment-39526 We are in a mild recession, have been for a while, I don't care what "benchmarks" you look at. Michigan has been sucking it up for quite sometime now, at least the least four years, and will continue to do so for at least another five. High insurance and utility costs, very high labor costs (THANKS UAW! THANKS other UNIONS!), and a slammed housing market have all put a massive damper on growth in MI. Not to mention the big three, but more importantly, THEIR SUPPLIERS, that have taken a beating worse than one Mike Tyson could even dish out...some don't even exist afterwards. I saw this happening left and right on the west side of the state while I was working in the industrial commercial real estate sector. Michigan needs to recoup, and it all starts with some new leadership, not only in Detroit, but a new Governor as well. I don't really care what political affiliation they are (a conservative moderate would be nice though) just as long as they have a serious business background and serious business "sense" about them. Couple someone like that with the already progressive and aggressive MEDC we have and you'll slowly turn this state around. We are in a mild recession, have been for a while, I don’t care what “benchmarks” you look at. Michigan has been sucking it up for quite sometime now, at least the least four years, and will continue to do so for at least another five. High insurance and utility costs, very high labor costs (THANKS UAW! THANKS other UNIONS!), and a slammed housing market have all put a massive damper on growth in MI. Not to mention the big three, but more importantly, THEIR SUPPLIERS, that have taken a beating worse than one Mike Tyson could even dish out…some don’t even exist afterwards. I saw this happening left and right on the west side of the state while I was working in the industrial commercial real estate sector. Michigan needs to recoup, and it all starts with some new leadership, not only in Detroit, but a new Governor as well. I don’t really care what political affiliation they are (a conservative moderate would be nice though) just as long as they have a serious business background and serious business “sense” about them. Couple someone like that with the already progressive and aggressive MEDC we have and you’ll slowly turn this state around.

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