A major headline at the MSN homepage today:
"The ecomony is in a slump."
No shit.
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About Me
- Puddin
- Louisville, Kentucky, United States
- I used to think that people didn't care what I thought. But I had an epiphany and decided that my insight was too great not to share with the worldwide web.
3 comments:
You think? Can we send Bush home now?
The economy issues began when? I think too much credit is offered up to the person presently in office. If people really understood economics it takes more than a term to screw it up.
You are so right, Lynne.
The problem we face right now can essentially be blamed on two people...lenders and (gasp!) us...the consumers.
True, the banks put money on a silver platter and offered it up to anyone who could breathe, but we so gladly took it!
Unlike our parents, our generation does not want to wait for anything. When we want something, we want it now! Practically everyone I know is struggling right now with a mountain of personal debt.
The bank CEOs got insanely rich the last few years, and us the consumers, got insanely in debt.
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