KSengineer

What Happened to Demand?

Excellent article that hits the nail on the head. It also implies the solution. Since credit created this problem, creating more credit is obviously (or should be obvious) not the solution. We must return to a lower, safer level of credit. Therefore, we must recede, regress (recess). I think we should focus on accepting this recession as a good thing that will return our economy to a stronger, healthier level which will bring a better future. Rather than trying to reverse it's effects, we should focus on programs to help us get through this without destroying the innocent.