Hide the wimmen an' chilren - I'm rantin' again.... I just heard ANOTHER news story that contained the word recession. I am sick of the media trying to make the financial situation sound worse than it is! Does the economy face some issues - both short-term and long-term - ? Yes. It always does and always will. This latest "crisis" however is almost totally (IMHO) media based. The employment rate and number (not UN-employment, but the number working) is at an all-time high. (The unemployment is at or near historic lows, however, so don't panic about that one either) Our economy has more people working than at any time in history. The stock market, even with the recent drops, is STILL near all-time record highs. You hear reports that "the stock market took a 112 point PLUNGE today!" , and you feel we are headed for a depression. A PLUNGE - OH MY!! The problem is, a one hundred plus PLUNGE is less than ONE PERCENT! Yeah, a 100 point drop when t...
The universe, by definition, is infinite. It is arrogant for us to think mankind can formulate all the questions much less grasp all the answers.