Wednesday, August 20, 2008

Thoughts on the state of the economy

The economic brilliance of the Bush administration is finally shining upon the land. We have a half a trillion dollar deficit, inflation at twenty year highs, and money flowing out of the country. This comes as wages have been stagnant for decades and people can hardly afford basic goods. Just in the last month the charge for electricity rose 20%. How can any country absorb such inflation with wages being so paltry?

No comments: