This country is finally paying the price for its excessively luxurious lifestyle. If you, the reader are eating multiple meals a day and has a safe place to sleep every night, you are doing better than half of the world's population.
Now that said, liberals continue to proclaim that Obama is coming in as the savior at a time when the times call for one of his popularity. He is going to be able to gut this service economy with vengeance. What the 70,000 plus in corporate America are suffering through right now is a transition of the economy from a service economy, which was formerly a producing economy, now into an economy fueled by government employment and steep taxes and devalued currency. This is not going to happen overnight. And that is the trick because that is what most people are waiting to wake up to one shining morning. The news cycle in this country moves at warp speed, so even a relatively fast move into an inflationary depression seems like a gradual occurrence.
I am starting to wonder if the window is closing and the time is approaching where "save yourself" mentality soon sets in.
Now that said, liberals continue to proclaim that Obama is coming in as the savior at a time when the times call for one of his popularity. He is going to be able to gut this service economy with vengeance. What the 70,000 plus in corporate America are suffering through right now is a transition of the economy from a service economy, which was formerly a producing economy, now into an economy fueled by government employment and steep taxes and devalued currency. This is not going to happen overnight. And that is the trick because that is what most people are waiting to wake up to one shining morning. The news cycle in this country moves at warp speed, so even a relatively fast move into an inflationary depression seems like a gradual occurrence.
I am starting to wonder if the window is closing and the time is approaching where "save yourself" mentality soon sets in.
