My View on This Economy
A longer rant about another topic that I rarely talk about...but needed to be said. The stock market has been wildly erratic and dropping. To most of the populous, this really has not meaning unless it starts affecting them directly. What means something to everyone is how much they pay in taxes, how much the bread, milk, toilet paper and gas costs, and how much money they make personally. With unemployment rising, local and state governments running out of money, and the continued dollar falling, the citizen is beginning to feel the affects. Credit is harder to get. Houses are plentiful. Construction is down. Energy prices are rising. People are stopping investing in the 401K plans and are sinking it into keeping the status quo, status quo. The holiday season is expected to see huge shortfalls thereby continuing the downward spiral. In a futile effort to regain consumer confidence and restore some political sponsors, the government is going to bail out the banks thereby inserting them