If Mccain Is Elected, Will Our Economic Problems Be Solved By Us All Getting Early Bird Discounts?
Think about it, if every business celebrates McCain’s election by giving all Americans a senior citizen / early bird type discount would that solve all of our problems?
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Comments
Um….didn’t you get the memo….?? *Grin*
No growth, increasing inflation, housing- and financial crisis…with more to come. Housing prices are still sinking. They probably have at least an additional ten or fifteen percent to fall. That’s going to lead to more financial sector problems, to unemployment problems and more headwinds to consumption.
The tax rebates was an attempt to keep consumption up. All the bail outs of the mortgage companies Fannie and Freddie and even investment bank Bear Stearns is all linked to trying to keep the housing market up. But eventually consumption has to come down, housing prices have to come down. The Federal Reserve and Treasury policy has made this a slow-motion train wreck. But it’s not going to stop the crash ultimately. The economy has to pay the price.
McCain – even with a giant senior citizen discount – won’t be able to do much – if anything.
Ok there’s my TPS report for today – and it ain’t pretty.












I don’t think so mmmmm k ….http://i106.photobucket.com/albums/m249/…
(link) ^ ^