<p>Hypothetically speaking, what do you guys think the status of our economy will be in the next 4 years perhaps when i graduate college? haha. More opened job opportunities? Unforunately it'll remain the same?
Share your thoughts.</p>
<p>Everything I have read and been told indicates the economy will be back on its feet and on the rise four years from now. Things aren’t so great for graduates now, but those graduating in four years will have a much easier time getting jobs and better starting salaries (fingers crossed).</p>
<p>It’s highly unlikely that the economy will be as bad as it is now, but it is really impossible to predict.</p>
<p>I hear that Accounting is a recession proof job so having the economy back to stability have any effect on obtaining an accounting job or would it just be the same as always? Common sense tells me that obviously better the economy better job opportunities for every type of major.</p>
<p>Depression…though it may a bit over 4 years to get there, it’s coming.</p>
<p>“Recovery” needs to be qualified. Will we be out of the base of a recession - probably yes - what goes down eventually goes up.</p>
<p>Will we reach the heights that existed in the past 10 years? Probably NO; the government is throwing money at everything, rather wastefully, and it all has to be paid for eventually (principal and interest) by taxpayers. </p>
<p>The federal debt load will be crowding out the capital needed to grow businesses. Hence fewer businesses paying taxes; less tax revenue, while increasing government spending = upward spiral of debt. </p>
<p>Don’t expect that the “frilly” bits of the economy will ever recover: air bars, luxury anything, large developments of $1m homes, etc. Think bread and butter, not $5 tomatoes. $200k debt to study folklure, journalism, or musical theater - I think not. Think - “what will put food on the table.”</p>
<p>People say that accounting is recession proof, but it isn’t. The job market for accounting fluctuates as the economy does, but it does not fluctuate as wildly as other professions (i.e. analysts, investment bankers, etc).</p>
<p>According to my crystal ball <em>drops ball shattering it all over the floor</em>.</p>
<p>Well, since my crystal ball is now dysfunctional, all I can say is just do your absolute best to go to the best school possible and to use the resources at whatever school you attend as best as possible. After that, worry about enjoying business, and being the best in your field. No matter how the economy is doing, if you strive to be the best in your industry, there will always be room for you.</p>
<p>We’re going into a meltdown. AltA loan will restart in the near future and more people will foreclose on their houses. Interest rate’s going to go up to 20% within 4 years all because of the money spent by Obama. Because all of these spending plans, tax, especially on the riches, will go sky high, possibly double today’s rate. Hyperinflation will happen. Unemployment may go up or go down, but even if unemployment is low, people still can’t afford anything because inflation is 20%. Drought in mainly agricultural states will destroy crops and people will be left hungry left and right. Riots and social unrest will happen and world war 3 may happen against iran or n. korea.</p>
<p>hm… other than that, the sky is blue and all is well…</p>
<p>just kidding!!!
Just do what he/she said above ^^^^…</p>