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Here's the good news about our current situation. For twenty-one straight months, we have reduced our credit card balances in this country. Never happened before. More good news: the savings rate is up to 6.4%, after bottoming out near zero in the mid 00's boom.
Yet retail sales are crawling higher, industrial production is crawling higher, month by month.
Many people are still hurting, and the employment deal won't be fixed until the wave of change and uncertaintly susbsides--but overall we are improving our position. Things will continue to get better very slowly until they start to get better faster.
More centrist policies from Washington, or gridlock, after November may be the thing that kicks off better times.
We, the American people were the geese that laid the golden eggs, the sheep waiting to be fleeced, the clever Jacks and Jacquelans who took the proverbial cow
to market and swapped out old Bessie, for the magic beans. Like lambs being led to slaughter, they, (our administrators), have guided us down this path to economic failure
while they, the money-men, lavished themselves with every deregulation and loophole that they could (and did) create for themselves in the name of free-enterprise.
They seek to appease us by pushing blame from one place to another but offer us no relief. We see a political system that is more akin to NFL vs. AFL than it is to being
dedicated to the ethics of right vs. wrong, but from where I sit, it looks like they've thrown the baby out with the bath water. We can blame the terrorists or the immigrants,
it really doesn't matter who we target with our blame, our shoes are tight and getting ever tighter. I have found a small measure in respect for the "tea-Party" movement,
as I see them to be at least the rising voice of discontent, a chorus of people, thoughts and ideals that are willing to do more than whine and decry the sham deal that our
bungling leaders are handing us and expecting us to just "suck it up", fools that we are.
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