Today was a bad day for Wall Street. But was it a bad day for America? Everyone wants to jump on the President for the downturn in our economy, but where were these people for the previous seven years when everything was going up, up , and up?
The laws of physics states that whatever goes up, must come down. We have set record after record, unemployment was at an all time low, home buying was high, and people were fat and happy. Now that things are stumbling a little bit, we are crying woe is me! Are we really that bad off? Are the economic numbers that we measure our economy really that far below what they should be?
I think we are doing just fine. People are working, Nobody is lining up for government handouts. Did some businesses fail? Of course. But they fail everyday. Mis-management is not the fault of the government. Greed will never be rewarded. And where is Congress? They have the ultimate responsibility for our economy. They need to manage the regulation.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment