Friday, November 21, 2008

To Hell in a Handbasket

The economy is in a downward spiral. I wonder how bad it will get. There are like 5 million on unemployment in the US. Unemployment is north of 5%. The part that is troubling is that we are on the front end of the crisis. The effects of a stock market crash have yet to materialize (it has for all the people whose nest eggs have been shattered--they'll have to die earlier now). So now you can't get credit. You can only consume what you reap, basically. Now it's not how can you profit in this environment, it's how can you survive. So now every day you hear about thousands of people getting laid off. Companies can't afford to keep employees if their sales are down and their sales will only fall. Barack coming into office will give a boost to the economy, but what a boost it needs. I remember when Jimmy Carter was giving away peanut butter to feed people. Those times are coming back. We grew up thinking we had the right not to be hungry. We are a nation of lazy, overweight couch potatoes who'd rather watch reality TV than live it. Unfortunately food is going to become scarce so get out your claws. It's survival of the fittest.

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