Quote:
Originally Posted by TheDoc
The "biggest issue" with the U.S. Eco then and even today, is our own personal debts & credit kill us. It kills business growth, personal growth, it IS the absolute biggest reason why we can't get our feet as a Country.
Corps are making a killing today and not hiring because people aren't buying... people aren't buying because they have no credit to buy on and all money is going towards past debts. Even if they cut taxes to zero, until the majority of the Country is caught up - the buying power of the nation is gone, thus jobs, money, etc.
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Yeppa agreed.
It is one big cluster fuck. Also you are at a point where you cant exactly start being protectionist and importing less because well the country just does not produce the goods needed.
Going to be an interesting next 25 years that for sure.
I dont blame the government for anything. I am doing better than I was years ago. I am just surprised things were allowed to go on so long as they were. Personal choice still effects everything. No one has stopped walking into Wal Mart or started going into the local farmers market.
Personal consumer choices have a huge deal in the blame game also. if not the majority.