Wednesday, July 27, 2011

It is looking more and more like the United States economy is going to crash!

It is the politicians that are doing it.

There are a lot of DIFFERENT things that they could do, but they refuse to do them:.

They would rather indulge in a power struggle.

Now there must be a hundred ways to avoid default, but the main thing is to not spend more money than you can either raise or borrow. Preferably they would BALANCE the budget, it is the safest, but that is more than we can expect of this bunch.

Alas, the Democrats want a Democratic bill and will consider no other, and the Republicans want a Republican bill and will consider no other. So, nothing is being done. In fact, one observer said that they are now LESS likely to come to an agreement than they were weeks ago! And, so, nothing is being done.

One politician, Reid, DID write up a bill that incorporated almost all of what both political parties wanted, but it was shot down almost instantly. Apparently, it is more important to make the other party lose than it is for any one party to win!

More and more, it looks like we will all lose.

My house is full of food but I am going shopping today for a bit more. I do not KNOW what will happen to the economy or to the value of the dollar if this stalemate does not break, but, I intend to have the necessities of life stashed away to last us until I know how this will affect us.

This problem is entirely of the politicians making. They do not want to win so much as they want to discredit the other party.

And if this continues for TOO long, the United States economy will probably crash.

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