The all-familiar sound of weeping, wailing, and gnashing of teeth. The sounds of people being laid-off from their jobs is drawing ever so close to the Town of Queen Creek. The air is definitely thick with tension; nerves are frazzled and patience is being tested. One definite plus of being a slave to experience is that if I'm laid off, then the situation is most certainly dire for the remainder of my colleagues.
However, it is never a laughing matter when men and women in their 30s and 40s with kids at home, mortgages to pay, and livelihood to sustain are literally frightened about how they will make ends meet if they do, indeed, receive the 'pink slip'.
In my opinion, the government can pump trillions of dollars into a struggling economy in hopes of a miraculous turnaround, but if the faith of The People is lost then no amount of money or awe-inspiring speeches can save us. Faith is not bought with money, nor is it built upon the fleeting words of politicians, but it is laid in a solid foundation of knowledge that within The People, and only The People, is the salvation of our Nation. If The People lose faith in themselves, not only have we lost perspective of our own potential then our government has lost its true and only source of power.
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In being in economics classes, I am truly amazed by how much of the economy is generated off of physcological well-being (or, faith, as you put it). You're right. The government is putting this money in this system to encourage faith-- but the money in and of itself will not revilalize the system. People have to "feel good" before they invest, and it no investment is occuring, well, there is little to no economy. We might as well go back to directly trade goods, or rocks. Rocks are fun.
ReplyDeleteAmen to that...if people are scared to spend because they worry about losing their jobs then how do we change that?
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