{"id":2525,"date":"2008-01-21T22:28:48","date_gmt":"2008-01-22T05:28:48","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2525"},"modified":"2008-01-21T22:28:48","modified_gmt":"2008-01-22T05:28:48","slug":"and-now-we-shall-witness-the-economic-self-fufilling-prophecy","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2525\/and-now-we-shall-witness-the-economic-self-fufilling-prophecy\/","title":{"rendered":"And Now We Shall Witness The Economic Self-Fufilling Prophecy"},"content":{"rendered":"

How Government Leaders Do More To Harm The Economy Than Help It<\/strong><\/p>\n

Just in case you haven’t heard – this is an election year. And as is all too common, we hear about how this is the worst economy is the last [fill in the blank] years.<\/p>\n

It’s becoming a mantra you can almost set your clock by.<\/p>\n

Well John Q. Public – who, by and large, is relatively secure in his job and career – is always concerned about “the other guy”. And when the media repeats the “bad economy mantra” like an annoying parrot – John Q. will often slow down his discretionary spending.<\/p>\n

So now we see the Presidential candidates tripping over themselves in an effort to put forth an economic plan that is supposed to save us from a recession that none of them can prove exists nor prove is forthcoming.<\/p>\n

What we do know is that a big chunk of our collective change went overseas to pay for oil – and for many Americans, that cut deep into their discretionary funds. At $60 a tankful, the cost of gas is putting the hurt on many of us.<\/p>\n

The increased cost of transporting goods has inflated prices, as well. And yes, there is a housing crunch that is hurting the hell out of everyone I know – and one of the Presidential candidates is now calling for a 90-day moratorium on foreclosures.<\/p>\n

Does that automatically mean we’re heading for a recession? <\/strong><\/p>\n

No, it doesn’t.<\/p>\n

Hey, I’m not saying we don’t have economic problems that need to be addressed…<\/p>\n

Meanwhile, the world watches us as our political “leaders” squabble over this apparent impending doom that is upon us… and since we’re the biggest market on the planet – they are getting freaked out.<\/p>\n

After all, it was only a few weeks ago that the Iraq war was our biggest issue of concern. Since things are going better in Iraq – it’s now the economy.<\/p>\n

And when investors get spooked – they tend to grab their money and run.<\/p>\n

That is what is happening right now.<\/strong><\/p>\n

The foreign markets all tanked today. Down about 5 – 7% across the board.<\/p>\n

On Tuesday Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

How Government Leaders Do More To Harm The Economy Than Help It Just in case you haven’t heard – this is an election year. And as is all too common, we hear about how this is the worst economy is the last [fill in the blank] years. It’s becoming a mantra you can almost set […]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,5],"tags":[],"class_list":{"0":"post-2525","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-general","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":9107,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9107\/why-web-20-still-hasnt-mastered-the-real-estate-mantra-location-location-location\/","url_meta":{"origin":2525,"position":0},"title":"Why Web 2.0 Still Hasn’t Mastered the Real Estate Mantra: LOCATION, LOCATION, LOCATION","author":"Thomas Hall","date":"July 6, 2009","format":false,"excerpt":"So Goggle thinks it's going to win the real estate search game.\u00a0 As far as I'm concerned, there is no more meaningless a result in an online property search than a red pin designating the location of a property on a map.\u00a0 Take the map above in the example -\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/maps.google.com\/help\/maps\/realestate\/images\/re_ny_screen.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4557,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4557\/san-diego-housing-industry-outlook-for-2009\/","url_meta":{"origin":2525,"position":1},"title":"San Diego Housing Industry Outlook For 2009","author":"Brian Brady","date":"September 21, 2008","format":false,"excerpt":"I'm going to republish a little forecasting I did, about ten months ago, on Active Rain.\u00a0 I'll offer some comments in italics (discussing 2009) and welcome yours in the comments section: Lenn Harley caught something I said a year ago and found it to be prescient (her word); I wish\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10879,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10879\/googles-challenge-to-chinas-communist-party\/","url_meta":{"origin":2525,"position":2},"title":"Google’s Challenge to China’s Communist Party","author":"John Rowles","date":"January 17, 2010","format":false,"excerpt":"Google's 2006 decision to enter the Chinese market on the Chinese government's terms, which include censorship, is often held up as the symbolic moment when its mantra of \"Don't be evil\" conflicted\u00a0 with a hard business reality. In the end, pragmatic capitalism won out over principle, and Google.CN was launched.\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":412,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/412\/blogoff-post-35-real-estate-weblogging-dont-be-boring\/","url_meta":{"origin":2525,"position":3},"title":"Blogoff Post #35: Real estate weblogging? Don’t be boring . . .","author":"Greg Swann","date":"September 26, 2006","format":false,"excerpt":"Seth Godin offers 56 tips on how to get traffic for your weblog. Here is tip number fifty-five:Don't be boring.I actually dislike much of the advice Seth is giving, if only because you see those stunts so often. I like organic search results, and I like authentic weblog entries. If\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":744,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/744\/who-are-these-guys\/","url_meta":{"origin":2525,"position":4},"title":"Who ARE These Guys?","author":"Jeff Brown","date":"December 7, 2006","format":false,"excerpt":"As you may have already noticed, I took some time to visit with Greg Swann and his way cool lady, Cathleen Collins. As you can see in the picture Greg put in his earlier post on this visit, nobody will ever mistake me for Burt Reynolds. And to his credit,\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":796,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/796\/lereah-must-die-he-is-a-clown\/","url_meta":{"origin":2525,"position":5},"title":"Lereah Must Die! He is a Clown","author":"Russell Shaw","date":"December 21, 2006","format":false,"excerpt":"Talk is cheap. Supply exceeds Demand. Not His Favorite Clown What follows are a few \"Economist Jokes\". Not wanting to shock anyone but all of these were written and were being told when David Lereah was still in grade school. Here is a news flash - people who are finding\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"Lereah","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2006\/12\/Lereah.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2525"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2525\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}