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Wednesday, October 28, 2009

Why We Are Doomed

Our economy is not dependent on us making things, but on us buying things and if no one has enough income to buy things our economy will tank! So our government can give trillions of $$$ to the fat cats who already have trillions of our government $$$, but it will not do our economy any good; however, it will keep the fat cats fat. Every economist expects our economy to take a long time to recover, which is the 800 ton gorilla in the room. Because the longer our economy takes to recover, the worse our economy will become!
Make no mistake, 10-20% of the US population will be able to ride it out. Coincidentally, it is that very same 10-20% that are in charge!
Now here's a thought: what if the government would have given all those hundreds of trillions of dollars directly to its rightful owners, the tax payers!? Who needed it the most and would have injected it directly into the economy via, stocks, savings, mortgages, retail, and business! Our own! Even if it only amounted to a few thousand dollars for each tax payer, it would still have been directly injected into our economy.

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