goes for the general citizenry as just as much as it does government and investors. You cannot point a blaming finger just one direction. I have a real problem when people complain about energy waste, pollution, financial troubles, etc. and turn to the president or government to fix it....all the while driving a big gas guzzler for a fresh loaf of bread because the 1/2 loaf they have is on it's last "use by" day. The enemy is us. (or so suggests Pogo)
always have, Right now in spite of doctored figures unemployment and bankruptcy are on the rise. Price of cars has gone insane. Price of petroleum also. I predict that we are in for another depression like thew one we had in the 1930's if we dont do something and a tax rebate is not the answer!
For those who dont remember the 30's banks and investment houses were going down the drain by the hands full. People lived in shanties while bank owned housing was boarded up and unsalable. Interest on savings was 1/2 of one percent. A new Chevrolet cost about $600.And people throughout this country were starving.Gong to the movies cost 25 cents for one adult and two kids for those who could afford it.
The bottom line is spending $$$$$ you dont have whether by govt. or by investors results in financial disaster for all concerned!