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Reply #21: Spending next to nothing. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-15-08 06:34 AM
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21. Spending next to nothing.
I believe the USA is facing 20-30% unemployment with further massive defaults on mortgages, credit card debt and personal loans. The new 'stimulus package' economy is not sustainable and will only make the current crisis much worse. UNFUCKINGTIL criminal corporate america ends the outsourcing of jobs and the stagnation of wages; our country will continue its downward spiral. I won't buy a 'made in china' anything if at all possible; I would rather go without. Wal-Mart will only survive because of their cheap prices on food, although I have noticed Wal-Mart has had an across the board price increase on most of the products in their stores over the last few months. Not only retailing will die, many other small businesses and service oriented businesses will no longer exist. The bush/cheney/rethug economic and financial depression is here for many years and perhaps decades. I can't even imagine why anyone thought our phony economy would last; the glaring signs of economic and financial doom have been here for more than a decade. Have a Happy Holidays WITHOUT all the material SHT!!!
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