Town Square

Post a New Topic

Double dip recession or just a continuance of the depression we are in?

Original post made by Einstein on Aug 16, 2010

This is an interesting article or should I say a predictor of what is coming. I for one do not believe we have started out of the first recession yet but rather believe we are in the 2nd year of a depression. Politicans do not like to use the word depression because saying recession makes people feel better. We should immediately go to a flat tax of say 20% for every household in order to put money back into the hands of the people who earned it so that they can increase consumer spending and stimulate our economy. 20% and no exception regardless of how much you make or how many write offs you have.


Web Link

Comments (1)

Posted by Linda, a resident of Downtown
on Aug 16, 2010 at 6:22 pm

I agree with you Einstein, unless something is done and quick then we are in real trouble. Obama is a disaster and will be a bigger one in the future if that is possible.


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: *

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

A Norman Rockwell Town
By Roz Rogoff | 7 comments | 1,421 views

David Brooks at his Best and Worst
By Tom Cushing | 11 comments | 946 views

Anti-fracking folks rail against railroads
By Tim Hunt | 32 comments | 855 views