[afz400]

I think that the hope is for war with Iraq to re-ignite inflation, much like it did under Johnson. I'm not sure that will help, since the core problem is that we have exported all meaningful (manufacturing) jobs overseas, with no hope of ever getting them back. Pretty risky since we need to know how to make clothes, shoes, etc if and when war with China begins. We are fast becoming a nation of people who know nothing about how to build anything, just like Spain or France. We can thank the leaders of both parties for this mess.

[Leisler]

Oh our leaders and elites know how to produce. No one beats us in producing studies, reports, collations, reviews, codes, laws, forms, rules, regulations, suits, counter set of suits, counter-counter suits, appeals, pleadings, reforms, programs, plans….


We could do even more if the last few holdouts would put down their engineering degrees and the last few loyal manufactures quit being the Kulaks of the information age.

[philman_36]

I think that the hope is for war with Iraq to re-ignite inflation, much like it did under Johnson.
It's a sad day in America when one looks to the prospect of war to fix an economic crisis.
It has worked in the past so I shouldn't be too surprised.

[Walkin Man]

I agree with you. If deflation is too little money chasing too many goods that sounds like the America I live in. How do the powers that be expect consumers to afford 30-to 40 thousand dollar autos and 200,000 dollar homes on their 7.00 an hour job at Wal-Mart? Manufacturers are fleeing this country as fast as they can and moving to China, and other parts of Asia and India. Even Mexico is losing jobs now to slave labor in communist China I think our economy will lock-down just like Japan. I don't believe we will ever see good-paying job growth in this country again. I hope I am wrong, though.