I love this kind of stupid logic.
In my case, spending has been curtailed because I spend all I get in
wages, and when gas and diesel fuel costs went nuts I didn't have
anything else to spend.
The REAL solution is some serious equalization of pay scale and
recognition that allowing unregulated speculation on commodities and
housing results in run-away inflation and economic collapse.
I'd be amused if it didn't affect me like everyone else. Who on
earth would think economic behavior changed just because we can
crunch numbers faster?
Peter
On Nov 19, 2008, at 7:39 PM, OK Don wrote:
I like how he said it's our fault for not spending more ---
"a sharp reversal of consumption was clearly a key development.
"The consumer factor was a major part of the strong slowdown and the
actual entering into the recession," he said."
On Wed, Nov 19, 2008 at 12:33 PM, LarryT <[EMAIL PROTECTED]>
wrote:
I keep looking for some national figure to say the govt meddling
caused the
problem, the bail out was a waste of money and the more the govt
messes with
it the worse it gets!
--
OK Don, KD5NRO
Norman, OK
"There are only three sports: bullfighting, motor racing, and
mountaineering; all the rest are merely games." - Ernest Hemingway
'90 300D (Rattled), '92 300D (Saber), ''97 Ply Grand Voyager
(Vincent van-go)
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