Friday, August 8, 2008
Sluggish Economy
Neither candidate seems to really address the most important issue to most Americans,the fact that layoffs in most sectors of the economy continue.Good paying jobs are daily being cut.Gas prices are making working-class Americans cut back on spending.Consumer confidence is low for most Americans.Federal deficits balloon daily.Retired citizens and those on fixed incomes are squeezed in a vice of inflation and low interest rates.Yet the government will bail out the financial lenders and banks that foolishly loaned billions in the sub-prime mortgage fiasco that directly contributed,if not cause,the present foreclosure crisis in which of homeowners cannot afford their monthly mortgage payments.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment