posted on Mar, 23 2009 @ 11:59 AM
The problem is Bush and now Obama have inflated the trouble into a full blown crisis.
They did this so they will have an excuse to spend like crazy and push their social programs.
I think it was Rahm Emmanuel who said you should never waste a good crisis.
If politicians could put their spending on hold and let people start spending again without any more stimulus or bailouts things might rebound
There's money on the sidelines but when you scare people to death everyday they will not spend. They will put money under the mattress and cancel the
4 family trip to Universal Orlando even though they have the money because they think everything is about to collapse.
You have to listen what these politicians are saying then watch what they are doing. It's usually two different things.
I know a female that just bought a 2007 car with so so credit and a good job.
When you scare people to death, then people stop spending and then you get added job loss.