I am not a dreamer, as in the sense that our economy is recovering. I am more of a pragmatist in that nowhere do I see a silver lining on the horizon. What I do see, is the arrogance of the oil and banking industries as well as the power people on Wall Street.
What I would propose to "stimulate" the economy is to freeze the price of a barrel of oil at the level it was 7 months ago, around $35 to $40 dollars would enable the people to plan their trips, be what they may be. The banks have been given plenty, but, who can borrow when one is unemployed? Why, you may wonder, do not these "bankers" raise their interest rates so that people may just spend a little more, as more is coming in. Why is Wall Street driving up the market based on the price of a barrel of oil? Why does not Wall Street look at the unemployment figures and the downsizing of industry as factors in driving up the market?
So, I say to the Congress, Bail us out by showing leadership in addressing the scoundrels who are prolonging this recession and be advised that this recession is darn close to becoming a world wide depression.
Have a good day!!