John Stahl
Senior Member
I really don’t get it.
We have high unemployment.
That keeps getting higher. We had dismal sales in December and the poor sales will continue tell we can reverse the unemployment trend.
We have High oil prices.
Every thing we do is connected to the oil price. Even the food you buy has been trucked at least 2500 miles before you buy it.
The media is telling us that the recession is over?
The only thing I have seen that makes it appear that the recession is over is government spending. The government can’t hold up the economy for ever.
The states that count on revenues from sales taxes like California and New York, Illinois are in debt so deep they cant see daylight any more. These states have no choice but to stop providing services. And there will be massive layoffs of state employees.
The next wave of home foreclosures is about to hit. I think that the judges will be so horrified by the number that they will impose a moratorium on home foreclosures.
The number of banks that are in trouble is on the rise.
Like I said I really don’t get it.
Why is the stock market on the rise????
We have high unemployment.
That keeps getting higher. We had dismal sales in December and the poor sales will continue tell we can reverse the unemployment trend.
We have High oil prices.
Every thing we do is connected to the oil price. Even the food you buy has been trucked at least 2500 miles before you buy it.
The media is telling us that the recession is over?
The only thing I have seen that makes it appear that the recession is over is government spending. The government can’t hold up the economy for ever.
The states that count on revenues from sales taxes like California and New York, Illinois are in debt so deep they cant see daylight any more. These states have no choice but to stop providing services. And there will be massive layoffs of state employees.
The next wave of home foreclosures is about to hit. I think that the judges will be so horrified by the number that they will impose a moratorium on home foreclosures.
The number of banks that are in trouble is on the rise.
Like I said I really don’t get it.
Why is the stock market on the rise????