Saturday, January 10, 2009

A steaming pile

We already knew that Obama had one steaming pile awaiting him as president in the form of the war in Iraq, but who knew an even bigger one would be out there and one that people actually care about- the economy. Unemployment is now at its highest level in 16 years. Bush and his cronies are raiding the bailout faster than you can say corporate welfare or yellow parachute. And Congress is debating how far their "stimulus" plan will fall short of what the economy actually needs.

It's bad out there and there doesn't seem to be any end in sight. But here's one suggestion- how about Americans quit spending their money on useless crap they don't need like iPhones and SUVs and ginormous houses and actually save money. Then, banks will have money to make loans with and businesses will have capital to play with. Just a thought.

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