True, but posted by RSR on March 06, 2008 at 04:50 PM
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way because you are seeing constant news coverage on negativity including the economy. Any economy will have ups and downs. No economy can sustain constant aggressive growth. It will level out, it will slow, it will speed back up. Right now things have leveled (economy is still growing but at a much slower rate than last year). Conditions have steadily improved over the history of the US (financial). You are better off today than you were any time in our past.
The media has their motivations for hyping everything and I believe you're unwittingly being effected by that (we all are to some degree). My point is that you are being very extreme and it is not based on fact. Gas prices are an issue and we should find ways to solve the problem. The free market is already driving us to a solution. High prices have provided a reason for auto companies to invest in new fuel technologies. It will just take a while for all the new tech to be available and affordable. If you pay way more for the new tech than a regular car...you'll probably just opt to spend more on gas.
Inflation is in fact very low now. Check the history of inflation in the US. The real problem is the weak US dollar. That is more of a real issue.
