vbierschwale

Bailouts Don't Solve Underlying Problem

Some good points, but you too missed the main point.
You believe the stories that the media has published about unemployment being in the 6 % range.
I believe it is closer to 20% and getting worse.

Also things will not turn around this time like they have in the past because we are doing two things different then we had in the past.

1. We are allowing our companies to put the American consumer out of work by offshoring their jobs because we believe the lies about they are finding similar or better paying jobs. If you believe this, you need to read the article titled "Your wages do matter" at www.KeepAmericaAtWork.... for one persons story. Now multiply that dramatic loss of taxable revenue to run our country on and the dramatic decrease in purchasing ability and then multiply it by 20 million people if you believe unemployment is at 10% or 40 million people if you believe as I do that unemployment is at 20% and you will see why our retailer, manufacturers and raw material producers are all fixing to go under and it all comes down to one thing.

We are putting the consumer out of work and they are barely making their mandatory payments and they have no more left to give.

As for your statement about debt. Agreed.

Virgil
www.KeepAmericaAtWork....