and the world economy? How will the election of a new US president change and not change our global economy? As I read headlines of how the US financial crisis has affected stock markets in other countries, I’m shocked and worried. When will the bleak economic news end? I’m seeing constant headlines on quarterly losses, layoffs, mergers, unemployment, governments funding banks. I’m wondering when will things stabilize. And ultimately I’m hoping that the election of a new president in a few days will boost the stock market and perhaps inject some optimism into these bad times.
And, of course, I’m wondering who will become president. And which promises will he keep when he takes office? And which promises will he not keep? And how will election 2008 compare with election 2004? I hope that whoever becomes president does indeed bring needed progressive change. Because words are just words.
October 27, 2008 at 3:29 am
I do not think most Americans have money to spare. Obama wants to stop global hunger by the year 2012, and save Africa. His spending plans indicate more money leaving this country than staying here. I do not think most people can handle any more economic stress.
Greed and bad management cause the crash. Only honesty and good management will correct it. Giving a bailout to the losers will not help much.
My guess is that neither obama nor mccain will matter. Congress is the spending center. The people there have been there for decades, and they still failed.
you cannot correct the problem if you are part of it, and are not smart enough to see it. you have no sense……
what I think they will do….they will print more money, go into more debt, continue pork spending, and fake another positive economy, so they can keep their jobs. then, in a few more years, we will have another crash, and they will blame it on the president
marianne
http://heavenawaits.wordpress.com/