Awful economy predictions

Added: 11/30/2006

Economic predictions are not pretty these days. Every day under the Bush administration the chasm grows. Slowly in the United States, the middle class is disappearing, it's being consumed by bad economic planning, it's being devoured by an upper one percent that gets richer by the day as the lower class grows rapidly, rank and file, accepting its abandoned fate.

Economy predictions are gloomy this time of year under normal circumstances, under Bush, economy predictions for 2007 and beyond are downright terrifying. An economic prediction can be a complex thing, and if you listen to George Bush and Alan Greenspan, we, the general public that choose to be governed, are not smart enough to figure them out. That's bumpkus, I know it, and they know it. Economy predictions are simple when the economy is this bad. The forecast is bleak and dreary with little chance of upturn until we see a regime change. It doesn't take an Ivy League genius to see, economy predictions are very negative. Minimum wage is low, the cost of living is high, two plus two equals four, a five hundred dollar pay check with six hundred dollars worth of bills equals bankruptcy. Not too hard to figure out there Mr. Greenspan, didn't even have to break a calculator out. The fact is, the economy has been in a tailspin since Clinton left office, and since we have become the defacto international police force, the global economy has been affected as well. Funny thing is, if you look real close, well, not so close at all, really, you'll see that the global economy has blossomed since good old boy Gee Dubyah has taken office. The emperor has lined the coffins of many countries since he ascended to his stolen throne. He's helped Asia tremendously, and Canada is looking good, the US is so far in debt to the "poor" Republic of China, it's almost like we've made an arrangement with a loan shark, selling our Social Security at exorbitant interest rates with the threat of a nuclear beat down if we don't pay. The borders are open; there are more East Indians and Mexicans with white collar jobs than guys with white collars.

My five year old can predict where this economy is heading. I have to use my credit card to buy him chicken nuggets. It's beyond ridiculous. The term third world country has been eliminated much like the middle class. We're all third world countries and we're all techno giants and we all have industry and there's still a select few that own most of everything, but now they get lots of tax breaks and they own a whole lot more. What good does that do for the economy? The economy is robust when the cost of living is in line, or is at least close to in line, with the median income of its people. The median income doesn't afford enough money to pay a mortgage anymore. Two parents with three kids have to work at least one hundred hours a week to make ends meet, and that doesn't include birthday parties and Christmas bills.

To make a prediction that the economy will experience an upturn soon would be a lie. We need to gut the government at all levels. Plugging one hole will not save the dam if it is cracked from top to bottom. Things are on the verge of total economic collapse, and for many people. Once upon a time there was a thing called the American Dream. It's gone now; I think it was sold on E-bay to a foreign dictator. We'd like to have it back now please, thanks. We'll trade you George Bush and his people for it!

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