Economy

Obama - worst since the depression, maybe we are in a depression
McCain - economy is fundamentally sound

lets see, unemployment is 6% now, was 18% or more in depression. Wages are flat, but we have had only one quarter of shrinking, most have been growth quarters, even if it is slow. . .

Now things are tight, no question about that. We have cut back on a lot of stuff around my house but I don't think we are in a depression. I am very scared that if Obama gets in that his policy's of tax and spend will send us into a deep recession or depression if he gets in.

We need to change some polices in Washington and I think McCain and Palin are the ones to do this. I think we also need to face reality and stop handing out home loans to folks that can't afford them by having the government/tax payers (you and me) pay for them when they default. This don't work as the failure of Fanny May and Freddy Mac have shown.

I think things will hurt for a while as we learn our lesson about easy credit and get things back in order. There is no good way to do this that won't hurt. We should have sucked it up in the early 2000's when the tech bubble burst but we didn't so now we have to. We need to stop putting things off and pay the bills now so that we can get things back on track.

People that bought houses and boats and stuff they can't afford will get hurt, they will loose the house or the boat or will have to sell that extra stuff but that is what happens when you buy all they stuff on credit. It will hurt, no way around it.

If Obama gets in things will get worst. The more money the government hands out to try to fix this the worse it will get. . . . Remember folks, that money is not free, it is coming from you and me, out of our taxes. For every bail out they pass we will have higher taxes, more debt on our kids, and less money in our own pockets today and tomorrow to pay for it.

I want someone who knows how to say NO in the White House, someone who knows how to cut taxes, cut pay outs, and live in their means. . . Too bad the best we have is McCain because I don't think any current politician will really do what has to be done, they don't want to tell folks to suck it up and deal so we can fix things right. They also don't want to tell the welfare folks to get a job if you want a house, we won't pay for it or you any more. . . .

Ya, I know, that person will never get elected because folks' don't want to face facts but I can dream. . . Until then I will pray that Obama doesn't get in and finish us off. . .

And going by the folks calling into the radio station most say the economy is doing well and their companies are doing well this year or even gowning. The recession seems to be housing and banks only. . . at least those are the folks saying things are down. . .

What do you think? How is your company doing?