Posted on 10/30/2010 5:58:05 PM PDT by blam
I hope it does not end up like one huge Katrina.
Salaries cannot rise due to the unemployment rate and the illegal immigration rate. Someone just as talented, will take the job for less money. So we are potentially headed for the worse possible scenario for the US dollar. And since we have over educated Marxists apparently running the show, what other possible outcome can there be ? Monetary depreciation, commodity price increases, loss of confidence in the dollar, dropping salaries, massive unemployment and no way out for the feds. The good news apparently is that the debt will not be a concern. Reminds me of a dog chasing his tail.
ping to myself
That’s a great Christmas gift suggestion and thanks for the link. It contains a lot of good information.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.