posted on Dec, 5 2008 @ 03:18 PM
Sorry, but the US is MUCH stronger than the vast majority of the world. Europe's economy is in much worsde shape than ours, so is Japans, China's,
India's, etc.
Where are we so weak? You have obviously never read any history.
In 1980, we had 18% inflation, horrible job losses, interest rates of over 12% for a home loan. That was under President Jimmy Carter and a fully
controlled Democrat Congress.
All through the 1930's, we had horrible economic conditions. Then President Roosevelt and his Democrat controlled congress tried program after
program after program to "end the depression". Not one of those programs worked, instead they made things worse. The ONLY thing that ended the
depression was World War II.
These conditions are really not all that bad, compared to many other times in our history.
But,
[snip]and the Media, will promote this as the very worst of times. We can't possibly recover, it is all hopeless.
Go read some history books.
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- Jak
[edit on 5/12/08 by JAK]