Out of control consumer debt and loss of confidence are screaming for help. Nothing will change until these are addressed
Unlike past recessions that hit blue collar workers hardest we are now confronted with large layoffs of white collar workers from the financial services industry.
Throwing $ at home builders does nothing to address the root of our floundering economy which is excessive consumer and public debt .
Better to drastically force reductions of credit card interest rates and forgive some accrued interest so the population will be better able to afford the basics until some sense of normalcy returns.
America needs to again become a producing nation. The flirtation with the idea that we can somehow prosper as an information based society is flawed.
Rather than propping up failed models we to need to cultivate new industries that can not be exported.
There are a myriad of struggling innovative environmental and medical tech companies that are deserving. We can generate real jobs in new industries and jump start the economy by upgrading our crumbling waste water systems bridges, roads and electrical grid while we wait
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Out of control consumer debt and loss of confidence are screaming for help. Nothing will change until these are addressed
Dec 06 14:23 pm
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All Comments by varmit »Toll Brothers: Are They Serious? [View article]
Unlike past recessions that hit blue collar workers hardest we are now confronted with large layoffs of white collar workers from the financial services
industry.
Throwing $ at home builders does nothing to address the root of our floundering
economy which is excessive consumer and public debt .
Better to drastically force reductions of credit card interest rates and forgive some accrued interest so the population will be better able to afford the basics
until some sense of normalcy returns.
America needs to again become a producing nation. The flirtation with the idea that we can somehow prosper as an information based society is flawed.
Rather than propping up failed models we to need to cultivate new industries that can not be exported.
There are a myriad of struggling innovative environmental and medical tech companies that are deserving. We can generate real jobs in new industries and
jump start the economy by upgrading our crumbling waste water systems bridges, roads and electrical grid while we wait