Transforming People into Patriots
Recession Resurrection
There have been many suggestions since last June that the recession has ended, but when the government involves itself in defining the term and manipulating the factors that are used to define the term one should question the results. Given the government’s involvement with manipulating the elements that are used to define a recession, it would be appropriate to ignore the term and just say that our economy has become a basket case. The electorate would have to be extremely optimistic to believe that our fiscal house could be revamped within a couple of years, or that it could be accomplished without going through some real tough times. The only thing that is clear is the fact that we cannot continue to follow the course that we are currently on without experiencing deeper pain in the end. The recession that was in place last June is still there, it has just been covered up by what the administration is calling an investment in the future. The words that are being used may sound good, but those placebos are beginning to lose their effectiveness with many voters.
One only needs to go back a couple of years to our building boom, and look at what was being said when our economy was being turned on its head. The euphoria was so high that most people would not listen to the warnings that a few people were giving. We are entering another phase that is going to make the housing fiasco look like a molehill in comparison. The problem is being exasperated by the fact that many of the people that are in positions to evaluate our fiscal condition are not being impacted negatively by the decisions being made by the administration, so from their prospective we are doing just fine. Keep in mind the attitude of many speculators during the housing boom, this perception problem is still with us.
The government’s actions are going to hit the middle class in the private sector first, then it will work its way into the public workers that fall into the middle class and into the welfare class. The fiscal policies of the government are creating the distinctions that are being made because it is preventing the individual from moving through the system vertically. Eventually these policies will lead to the collapse of our economic system. Let’s look at some of the factors that are hastening our demise. Our energy policies are beginning to show their ugly heads. The administration would have the electorate believe that it is all the fault of the big oil companies, but they only play a small part in our current dilemma; one must consider the futures trading, and the widespread disruption in the Middle East. It is also important to include this administration’s attitude towards fossil fuels and its efforts to develop alternative energies at a time that our economy is in the red. The Federal government and the states have added to the problem with the taxes they have put on gasoline, where the increases are tied to the price of the fuel rather than the gallons consumed. We made our contribution to the overall problem with our driving habits; the sense of freedom that our transportation has given us appears to be approaching an end for many of us. Another factor that is having an impact on our energy, as well as many other areas, is the Federal Reserve’s policies for “quantitative easing” (QE), which is devaluating our dollar. This action is creating great consternation among many of the nations that have bought our debt in the past. One is apt to place most of the blame for our plight on the backs of the Federal government.
Many of the factors that are affecting the prices at the gas pump are also impacting other elements of our economy. One might like to stop with blaming the Federal government for all our ills, but in the end it come down to the electorate; the voter must accept final responsibility for the condition our nation is in. If we continue to allow the politicians to manipulate us, then we are going to continue on this path of annihilation; the electorate is going to have to educate themselves if we are going to get out of the dilemma we have allowed to develop. Stop looking to the government for solutions; its objectives are not conducive to resolving our economic problems.
Charlie Allo
One only needs to go back a couple of years to our building boom, and look at what was being said when our economy was being turned on its head. The euphoria was so high that most people would not listen to the warnings that a few people were giving. We are entering another phase that is going to make the housing fiasco look like a molehill in comparison. The problem is being exasperated by the fact that many of the people that are in positions to evaluate our fiscal condition are not being impacted negatively by the decisions being made by the administration, so from their prospective we are doing just fine. Keep in mind the attitude of many speculators during the housing boom, this perception problem is still with us.
The government’s actions are going to hit the middle class in the private sector first, then it will work its way into the public workers that fall into the middle class and into the welfare class. The fiscal policies of the government are creating the distinctions that are being made because it is preventing the individual from moving through the system vertically. Eventually these policies will lead to the collapse of our economic system. Let’s look at some of the factors that are hastening our demise. Our energy policies are beginning to show their ugly heads. The administration would have the electorate believe that it is all the fault of the big oil companies, but they only play a small part in our current dilemma; one must consider the futures trading, and the widespread disruption in the Middle East. It is also important to include this administration’s attitude towards fossil fuels and its efforts to develop alternative energies at a time that our economy is in the red. The Federal government and the states have added to the problem with the taxes they have put on gasoline, where the increases are tied to the price of the fuel rather than the gallons consumed. We made our contribution to the overall problem with our driving habits; the sense of freedom that our transportation has given us appears to be approaching an end for many of us. Another factor that is having an impact on our energy, as well as many other areas, is the Federal Reserve’s policies for “quantitative easing” (QE), which is devaluating our dollar. This action is creating great consternation among many of the nations that have bought our debt in the past. One is apt to place most of the blame for our plight on the backs of the Federal government.
Many of the factors that are affecting the prices at the gas pump are also impacting other elements of our economy. One might like to stop with blaming the Federal government for all our ills, but in the end it come down to the electorate; the voter must accept final responsibility for the condition our nation is in. If we continue to allow the politicians to manipulate us, then we are going to continue on this path of annihilation; the electorate is going to have to educate themselves if we are going to get out of the dilemma we have allowed to develop. Stop looking to the government for solutions; its objectives are not conducive to resolving our economic problems.
Charlie Allo
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