Bad News
One of the headlines on Yahoo today is "Despite Economy, Malls and Stores Jammed." What kind of horse hockey is this? Despite economy? What in Sam Hell does that mean? For that matter, where does the phrase Sam Hell come from? But anyway, what is wrong with the economy? We have near record employment. The stock market, although jittery, is still up in a big way this year. Sure there is a slow down in the housing market and gas prices are up. The house prices are only down until supply catches up with demand and gas prices, well we aren't willing to car pool and they are not expensive enough for the market to develop the solution.
When Americans turn up in record numbers it says one of two things about what we are. Either we are optomistic about how things are and realize that things really are good or we are lemmings following the barrage of advertising about sales and special time sensitive prices. I know which one I hope it is but realize that we have become a nation of followers. Somehow, I think we are just adding to the overall debt load instead of making well thought out purchases that are plannned and will be paid for on the next statement.
The one thing that Americans can be sure of is that our government will step in when things get too bad. Our politicians are always willing to step in and take control of a little more of our lives. When we prove through our actions that we are incapable (at least a vocal minority) of managing some aspect of our lives, there is always a government official that will champion our cause. Thus removing the burden and depriving those who "have" to support those who "haven't". Sooner or later the middle class will no longer be able to support the deprived and will sink into the same hole those who "won't" live in. Can someone say depression? Maybe that is what it will take before we realize far we have sunk. Of course, if the last depression is any indication, the patient may not recover. The last big economic sink hole gave us social security, public works and led to the development of the current government solves everything mentality. Break out the paddles folks and hope we can still pay the electric bill.
Icool
Cobb
When Americans turn up in record numbers it says one of two things about what we are. Either we are optomistic about how things are and realize that things really are good or we are lemmings following the barrage of advertising about sales and special time sensitive prices. I know which one I hope it is but realize that we have become a nation of followers. Somehow, I think we are just adding to the overall debt load instead of making well thought out purchases that are plannned and will be paid for on the next statement.
The one thing that Americans can be sure of is that our government will step in when things get too bad. Our politicians are always willing to step in and take control of a little more of our lives. When we prove through our actions that we are incapable (at least a vocal minority) of managing some aspect of our lives, there is always a government official that will champion our cause. Thus removing the burden and depriving those who "have" to support those who "haven't". Sooner or later the middle class will no longer be able to support the deprived and will sink into the same hole those who "won't" live in. Can someone say depression? Maybe that is what it will take before we realize far we have sunk. Of course, if the last depression is any indication, the patient may not recover. The last big economic sink hole gave us social security, public works and led to the development of the current government solves everything mentality. Break out the paddles folks and hope we can still pay the electric bill.
Icool
Cobb
posted by Cobb at
10:09 AM
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