I guess I should to say it, Happy New Year. I don’t think it will be though, I have a feeling we are in for a rough ride. Not that I am as bad off as many. I am worried for the country. I am worried for my kids and their future. We are in a deep recession. I read about what they are proposing and it makes very little sense. Bail out the car industry? Where is the money to come from? And by March will people be buying cars again? Mend and make do. That is what people are doing for cloths and “stuff” and they will make do with their vehicles. If you don’t have a car payment, do you want to go out and get one? If you have to buy a car will it not be a second hand one?
I don’t think we will ever buy new again.
They put money into the banks but where is that money? And they lowered the prime interest rate, but they didn’t lower the mortgage rates. Why not? We need to see 3% for people to benefit and start buying houses.
And the creation of jobs that are proposed. If you know how to build cars and loose your job how can you suddenly know how to build roads? Well they must know what they are doing…..