Big Picture

Although I agree with Xavier's response in part, the big picture is one that might not be corrected until we as Americans realize that our many years of false prosperity revert back to more realistic lifestyles more in line with our real income. In my opinion, we have spent beyond our means, fell victim to easy credit, mortgaged our futures for the present and blindly put ourselves into the sub-prime mortgage problems, economic recession, unbelievable credit card debt, all for some perceived need for a consumer good likely manufactured or outsourced to another country. This being said, I suspect our country has been destined to a large economic correction and anything the government does to bail us out will only delay the eventual reset of economic indicators to a more realistic level. On the positive side, I think that once this happens, our economy will grow stronger as we rely on the real things we produce and use in this coutry.

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