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Default It's the economy, stupids...

On Thu, 12 Nov 2015 23:00:28 -0500, "Mr. Luddite"
wrote:


Maybe you should stop listening to what the government is feeding the
media and listen to what the majority of the people who are subject to
it's policies think. Virtually every major polling organization reports
that the majority of the population think the economy sucks and is
getting worse.


They are certainly putting a nice polish on the turd.
I was reading an article the other day that pointed out the corporate
"profits" that are being accomplished by cost cutting, downsizing and
offshoring jobs, not actually increasing the size of the business.
That is why people are not finding jobs like we had.
It does remind me of that "wonderful" economy of the 90s when my
company was dismantled and sold off for parts.

You also have the Fed who has had their thumb on the scale, loaning
money for free and we still are not actually buying that much.
What happens when interest rates get up to a place where you are not
screwing the people with money in the bank and loans are over 10%


 
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