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Eisboch wrote:
"HK" wrote in message ... Eisboch wrote: "HK" wrote in message ... Consumer Prices Rise at Fastest Pace in Quarter Century By Howard Schneider and Renae Merle Washington Post Staff Writers Wednesday, July 16, 2008; 11:42 AM It's news, so it's being written about. What's not often said is that the economic problems are global in nature .... many believe due to a natural 75 year cycle. Although tough to us by comparison of 10 years ago, the USA is actually in better shape overall in terms of the general economy, unemployment, growth rate, etc. than most of the rest of the free world. We still have the lowest fuel prices other than the local prices in oil producing nations. It will adjust naturally. And once focus is placed on increasing the value of the dollar (with some risk to inflation), the USA's economy will come around smartly. Eisboch Gawd, I just love these GOP rationalizations... You think the current economic problems are unique to the USA? Or that the USA is responsible for the entire global economy? Our economy certainly has an effect and influence, but it's also one of the reasons things aren't worse worldwide. I just love the narrow viewpoints expressed in the media. You really need to stand back and think about it before you jump in and assume the sky is falling. Forget the politicians. They only parrot what they think may give their party an edge in November. Listen to the business people ... those that run large corporations. They have a better handle on the true state of the economy, it's problems, causes and cures. You mean listen to the evil corporate robber barons? What do they know about world economics? |
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