Within the American economy right now I can’t see where things shall go as I don’t think all set aside this is truly a one of the most important economic times in which we shall ever see within our own history.
Any country that is spending at rate of twenty five percent of the Gross Domestic Product while bring in just seventeen percent of revenue it’s going to be another necessity. The entitlements of the past are those which literally any given country could not afford to continue on wards economically - it's just not a feasible situation.
Any good economist could see this and any person whom has been following this would see that this is not and economic situation that is on the very of a modern age depression. By this time you would think that there would be a focus as it’s not a good situation and I have not pulled up all the stats but within economics it’s a situation that is not just going to go away on its own. It’s one that does require attention as if you look at it this is a situation that might not look serious but it’s as probably the most serious economic times.
The question that does come to my mind is if a nation is prepared and willing to make the necessary changes or do they believe that it’s all going to be a quick fix by way of an election.
........in my personal opinion, I don't think the country has to go through this mess of a crunch. there is plenty of money and revenue and jobs and everything here....they just stopped caring about all of the people and started catering to those that have, and the sports budgets, movie budgets, and throwing money away trying to put people on another planet and they can't get along on this one, and paying ego tripping conceited CEO's to own companies that toss money around like it is Monopoly money. Then you got the medical systems (Drs, pharmacies, clinics, labs) all putting ridiculous prices on cures that in other countries is in Nature...they do not invest in holistic medicine because there is more money in the treatments instead of the cures...
ReplyDeleteAn election...is just a scapegoat way of pointing the blame at innocent people rather than the groups of men who sit back in govt leased seats getting raises just because, and making laws based on how it was when they were young cause they are not out in public and do not know how times have changed. they don't care how much prices rise, cause they can afford it.
And last but not least....when they took prayer out of school, they stopped believing in the future of young minds to help change things and stuck with their own train already headed for destruction....so go figure.....how are we gonna get out of this mess....
I'm just saying.....
Not sure if we will ever get back to a healthy economy. So sad :(
ReplyDeleteThe key I think is in stepping out of the box and look inside. As well I do think that the young minds of the future really are learning much from all of this.
ReplyDeleteThanks Joyce and so well said.
I do, but I think it's gonna take time but one would have never thought so much would take place but time tells all.
ReplyDeleteFunny how politicians at all governmental levels know that individuals and corporations go bankrupt if outgo exceeds income, but never consider applying the necessary budgetary restrains to keep governmental entities from doing so. Multiple billions were just spent to shore up companies "too big to fail" without sufficient thought as to whether the federal government would.
ReplyDeleteIt's true yet the one area of which truly Grammy is that there is allot of money owed to China and that is a concern.
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