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To: wastoute
I am tempted to exclaim with the truck driver in a 1970's era Doonesbury strip, "Aw, hell, it ain't *that* bad."

The offshoring was an experiment which failed. And the other countries did not *really* build up a middle class, which is what was needed for decoupling.

Nonetheless, the structural economic weaknesses caused by the prior 10 years are likely to lead to a great change in our standard of living, *if* the government takes the wrong approach. (Handled correctly, this could just be a bad cold, as the economy corrects for the overcapacity which supplied the wants of the buying-power-artificially-expanded-by-credit.) I feel another vanity coming on...

Cheers!

19 posted on 01/27/2009 7:36:43 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers

*


20 posted on 01/27/2009 7:51:17 PM PST by MARTIAL MONK
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To: grey_whiskers
Handled correctly is the key phrase. It isn't going to be handled correctly it is being handled by libtards who are going to exactly the wrong thing. They are going to put a big ladle in the public trough and swill it to their supporters which is going to make things worse, not better. There is nothing we can do to stop it, either. Μολὼν λάβε
23 posted on 01/28/2009 3:29:36 AM PST by wastoute (translation of tag "Come and get them (bastards)")
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