Archive for the ‘The Wise Economist’ Category

An economist’s guess is liable to be as good as anybody else’s.
Will Rogers

 In the year 2010, we are witnessing our nation and economy that is in complete shambles. Our unemployment rate is anywhere from 9.5 percent to as high as 18 percent depending on where you live. Every one seems to have an answer to how we are going to get out of this mess. Mr. Rogers is right, when he notes that any smart economist can guess about what to do and it will be like anybody elses guess.  People are hurting, more jobs are being lost every day. And our president wants to keep spending money to drive us deeper into oblivion.

Here is the other good news, banks are not lending, home valuations continue to plunge, mortgage rates are low but no one can get a home loan, higher taxes are on the way, and we continue to fight in two wars. God help us! It seems to me that we must get the people back to work now. Do whatever it takes to create jobs for people. The individuals over 50 are even in worse shape, with some people completely giving up on finding employment. I pray that our country returns to its roots of a moral nation, cut taxes, keep the free enterprise system strong, help small business owners, and keep this country strong in our democratic principles. Well, I figure my guess is as good as anyones?

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