Economics Overload

There are so many things that have caught my eye lately, it truly is hard to decide.  Whether it is the State of the Union the other night, recent employment numbers, or even the ex cop that terrorized Los Angeles, the cruise ship in the Gulf, horse meat in the UK, the Euro zone recession, and more it is a remarkable time to observe the economic world.

So this is a quick hit blog, a little bit about each one!  Let's go!  In the State of the Union Address the other night, the President seemed oblivious to the fact that our country is in dire economic straits.  Some in his party have said that we don't have a spending problem, we have a paying for it problem.  I disagree, it is absolutely a spending problem.  There is finite resources, and our politicians, on both sides do not recognize it.  If we do not get spending balanced with income, we risk our very nation.  Whether to external threats, or internal, the pace of spending can not be maintained.

As for unemployment, and this ties back to the last, there are more people giving up on ever finding a job then have found one, and the United States has done better than our European neighbors.  But the entire world is poised to plunge in to a new Dark Age, if we the people do not do something to prevent it.  For over 200 years the US has had reasonable budgets, and we became the preeminent nation in the world, it is getting back to basics that can save us.

Do you think the ex cop (I refuse to use criminal's names) didn't get pushed to his rampage by his personal economics?  Can you imagine how hard it would be to find a job, if your a disgraced cop?  How does one live without a job?  But who cares... He probably voted for the President.

Can you imagine the lawsuits that are going to hit Carnival Cruises in the very near future?  I heard one pundit say it is difficulties in life that define us.  Now a days it is difficulties in life that win us the lottery!

Yuck, really?  Horse meat is being sold to unsuspecting customers in the UK?  Why??? Well I saw a story that said horses being used for meat can be bought for $50, well less than a cow.  Horses of the world should strike for fairness!

The Euro zone is at the top of the coaster, looks like they are going to fall back in to recession.  How's that Keynesian soft socialism working over there?  The good news for them is if the US can right our economy, they will come along for the ride, again.  Socialism in any form cannot work on a national or international basis, but can in small pockets.  People just get too lazy, but in small pockets with a defined goal it is amazing!

So now our quick hits are done, comment below if you would like to see a broader explanation of any of these...  Until next time..

Spend Wisely!

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