Why Our Economy Stinks.

Let me snow you with some stats, Between 1960 and 2000 personal assets in the U.S. averaged 4.6  to 6 times the Gross Domestic Product of America, in 2006 it got to 6.64 times the GDP. In 2008 it dropped to as low as 3.55 times the GDP. In 2009, the Total personal debt was 50.7 Trillion or 3.5 times the GDP. What does all this mean. Big numbers, that's what it means. But what it comes down to is Americans have somewhat less money including savings, home values and everything else and prospects don't look all that great, what with a government bent more on making the other guy look bad than on making us more secure. It's not too hard to understand why confidence is none too high. So if you're sitting in your living room and some politician comes on the air and tells you the only way to save the country is to fire more government workers, stop paying out more on entitlements and cut taxes for job creators, but you know the other guy will not vote for that idea. Do you jump up and run to the store to buy a new washer and dryer or do you call the repairman, after trying to fix the dumb things yourself. Or consider that you're sitting in that same living room and another guy says the only way to save the country is to spend a lot of money on infrastructure and raise the taxes on the rich, but you know the other guy will refuse to vote for that idea. Do you jump up and run out and buy that refrigerator and dishwasher, or not? See? In either case, there's no confidence that anything will be done to help you. Neither party is willing to listen or compromise. Being "in power" is just too important. They'd rather be captain of a Titanic, than sit in the rowboat. Next to you.