Monday, June 23, 2008

Economic Structure

I am not bright when it comes to politics; that is, I don't understand a lot of the so-called in's and out's that supposedly make up our Democracy. However, anyone can see the game that's being played with the public and know why our economic crisis is as bad as it is. There is no real, practical reason why gas is over $4 a gallon. Blame it on the war? Not hardly. Sounds like another round of propaganda to me. With gas so high, of course, it causes a domino effect making so many other goods and services higher in cost.
Florida is suffering a terrible unemployment rate. All Florida branches of gov't are under a hiring freeze due to budget cuts. The housing market is so bad, and in order for people to get a so-called tax break, the vote earlier this year caused a huge tsunami of problems for state gov't. Any service such as Parks and Rec., libraries, etc. have taken huge cut backs because our funding (from taxes) won't be there.
It's sad...but as long as people accept a mortage they eventually won't be able to afford and money is continuously printed without regard. Sounds like a great chance to cause another 1929 all over again.