Tuesday, November 21, 2006

"The economy is strong." - G.W. Bush

Meanwhile, back in the real world, the pre-election optimism is beginning to moderate. The economy sucks for the middle class, which means the economy sucks for everyone except bigtime stockholders and the inside the beltway idiots, whose jobs depend on telling Wonder Boy the economy is strong.

Somebody needs to get the point across to those people - If you aren't rich in America right now, you're worried about your job and your future. If you're worried about your job and your future, you're not in the market for a new car or a new home - or for a lot of Christmas presents either, for that matter. If you're not in the market for something new, then the people who make whatever-that-something-new is have good reason to be more worried about their jobs and their futures, and everything gets that much tighter.

The future of this economy depends on what the new congress can do to control corporate tax breaks, restore fiscal discipline and shore up programs that secure the middle class.


Post a Comment

Links to this post:

Create a Link

<< Home