I have to say I am extremely disappointed. In all of the debates, during all of the interviews, the candidates have been barraged with questions regarding the economy. What do they think will happen, what do they plan to do about it. All candidates have daintily danced around direct action answers. Not once has anyone addressed the simple truth: We, the people-the public, are the fuel in the machine! We are that which drives the economy! Most people are terrified of what's happening, sadly many are ignorant about it too. If the people are freaking out and pulling and/or withholding their capital from banks and the market, of course it plummets! And then there was the bogus bailout that failed to do anything! So now Joe and Jane Schmoe (most of us) have to foot a 700 Billion dollar bill for nothing!!!!
People think it's 1929 all over again, that because the market is taking a dive we're headed for another depression. It wasn't the Great Stock Market Crash that started the depression, it was the credit freeze that followed the crash. The government is backing up banks to kinoodle the credit crunch along. That's a start.
So what's the real deal? The correct answer is confidence must be instilled in us, in the people. That's not being done.
No comments:
Post a Comment