False Hope

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A lot of people made a big deal out of the little increase in the stock market this past week. All they are doing is setting themselves up for a big let down. The stock market can go through the roof and it will not cure our problems with the economy. Our problems with our economy have nothing to do with the stock market. Our economy is crashing for a totally different reason. Let look at what the real problem is. First of all our economy is crashing because millions have lost their jobs and no longer have the money to put into our economy they were in times past. That’s the only problem we have with the economy. The only way to fix our economy is to put all these people back to work. Answer this question. Why did all these people loose their jobs? When you answer this question you will know exactly what is wrong with our economy and you will also know the government is no going to fix it. For several years now our economy has been supported by the sale of high dollar junk items that were being produced right here in the US. Our workers were producing these junk items. The sales of these items shut down and the people that were producing them were no longer needed to produce them Why did the sales shut down? Very simple. Run away inflation. The increase in the prices of food, fuel, houses and about anything else you can mention. The workers simply reached a point where they could no longer afford to buy all these junk items. The price of gasoline and diesel fuel going so high was a big player in this. A lot of prices were raised even higher to cover the increase in the cost of motor fuel. The prices that were raised will not go down until our economy reaches a point where people must lower their prices to make enough sales to stay in business. We are in a “dammed if you do and dammed if you don’t” situation. The way the government is flooding big business with huge amounts of money won’t do one thing to help the economy. It will not create jobs and that we must do first. If you own a business and your sales dropped where you had to lay off workers what can you do? The government can give you millions and it won’t help you one bit in hiring workers. You cut your work force back because you had no market for what ever you were producing. All the money in the world put into your company is not going to improve your market. People stopped buying your goods because they didn’t have the money. They still don’t have the money to buy your products. There is only one answer to this problem and that is to put people to work on jobs that have nothing to do with production. Obama said he would put people to work on the roads and other jobs of this type but he will never do it. It was proven during the last depression that this will work but our government doesn’t want to do anything that will work. Try to understand what is actually going on and it will help you to see what we must do. Art