Sorry to break it to ya…
With the rapid deterioration of the Euro and the European economy, the significant drop in the 10 year treasury to lows of the year, the interview on Bill Maher with Dr. Doom, the increase in listings, the end of the tax credit, the drop in the Dow……..and I can go on, we are getting ready for the you know what to hit the fan!
A little history.
Remember the 90’s? You know the time where the computer and internet cam of age and jobs boomed worldwide because of it? And how about the 00’s? The economy that was created by the “invention” of the housing market due in part to fraud, stupidity and blinders.
Well, this time around, there is no engine running the economic train that is getting us out of the mid-decade fraudvention.
Your home is and never was worth what it “appraised” for a few years ago. And now, it’s only worth what someone is willing to pay for it along with what the sub-par, AMC-cheaply-paid-for-out-of-the-area appraiser will value it at.
Ok, let’s start with Green Jobs. Basically, they are just replacing the Brown Jobs in the long run. This is not a “new thing” that is independent of something that did not exist before.
Yes, the Apple, Android and Blackberry phone app designers are making the newest program that makes will make your life better until the next app. But how many $1.99 apps can make an economy?
America…get off your butts, stop eating so much and start to volunteer, work for less, stop giving two craps about Lindsey Lohan’s partying and where Labron James will get his next $100,000,000….in other words, sometimes you have to take 2 steps back to move 5 steps forward (or whatever that old adage is). Get selfish, smarter, sharper and slimer.
Every politician should be concentrating on job development all of their waking times. Getting us to full employment will be a very, very hard thing. Pressure them. A war in Iraq and Afghanistan didn’t help. Neither did the TARP money to bail out companies instead of direct investment to stimulate new jobs.