To: Theodore R.
Wow. Good piece.
What is the end game? The US dollar will continue to slide and inflation will eat away at Joe and Jane's' ability to purchase basic goods and pay on their debt, which is at record levels.
After a lot of pain (including a rise in chronic unemployment, bankruptcies, crime, divers, and numerous other social ills), domestic industry starts to fill the demand that the high priced foreign goods cannot (only because the masses here can not generally afford them). Jobs are created again and the economy starts to recover.
To: Peter J. Huss
Right. Things will work out.
I just hope before the election, but that is not likely.
34 posted on
03/10/2004 8:04:00 AM PST by
rwfromkansas
("Men stumble over the truth, but most pick themselves up as if nothing had happened." Churchill)
To: Peter J. Huss
But, right now, things are pretty good and we are in recovery so despite some minor problems with the jobs situation, we should be fine unless they get worse.
35 posted on
03/10/2004 8:04:33 AM PST by
rwfromkansas
("Men stumble over the truth, but most pick themselves up as if nothing had happened." Churchill)
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