President Bush and the Congress is going to pass a stimulus package containing tax rebate. Very nice for those who get a tax rebate but it won’t help the economy much. It might delay the pain. Like taking a pain killer. You might feel better in a short term but the disease doesn’t go away. US economy has fundamental structural problem: huge trade deficit and huge budget deficit from our government. Our nation as a whole a debtor who depends on foreigners’ money. Majority of our people also live beyond their mean. If that doesn’t change, we will have a rude awakening.
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January 24th, 2008 at 2:26 pm
I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Mike Harmon