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Politics : Welcome to Slider's Dugout

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To: jim_p who wrote (15032)	2/3/2009 1:04:20 PM
From: Fiscally Conservative	2 Recommendations Read Replies (1) of 50416

The situation today with falling wages and high debts will leave the consumer with less disposable income. The merchant where we buy our necessities will have the same problem as well and will be forced to raise his/her prices in the face of what our government would rather have us believe is deflationary and the only viable end game. The cost of real necessities will rise which will impact everything else. Folks don't need more TV's,PC's,Boats,RV's,Kitchens or new Bathrooms,Home Additions or Summer Homes to run toward, as that has been the greater measure for current deflation by our entrusted federal reserve policy makers. Rather folks do need food and clothing and medical care in the face of declining wages due to a larger economic collapse surrounded by high monthly debt payments that will not soon go away. The consumer is tapped out! Our governments answer to this is more credit and bailouts at the tax payers expense. Economics 101 ? Who are we fooling? Where do you think all this massive printing will end up? And what about how our Politicians deal with what little they know about anything of substance. What have they done right in the last ten years? Lol.....! What a joke!! Payback is a bitch! We import almost everything at our own peril and that is not about to change. But change it should!! What has been our gain? What has been our loss? Oil is cheap now but how long will that last before the realities of unprofitable exploration costs once again plays into a shortage. This country is faced with hard choices brought about by our disregard to fiscal prudence. I see no clear direction for corrective change that will benefit the masses for the longer road that lies ahead. I see massive inflation instead stemming from answers whom we would entrust with our failed fiscal policies. Yes,the same clowns responsible for our current situation. No Jim,I do not agree with you here.

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