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Registered
Join Date: May 2004
Location: Lake Cle Elum - Eastern WA.
Posts: 8,417
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We'll never have a full recovery until the dollar improves against the value of foreign currencies.
That will never happen until we stop deficit spending.
That will never happen under our current political system where out elected officials won't make the "hard choices". The make all their decisions based on how many votes they can get in the next election.
We must also once again "export" real products. Having all of our workforce sitting in a cubicle, doesn't do much in the way of producing a product to sell overseas.
At the end of the day, it does not mean the sky is falling and our county is going broke. It means instead of being the #1, we might have to settle for being #8, #12 or whatever. It means we can have a recovery, but everyone has lower paying jobs. It means real estate and the stock market make gentle gains instead of giant leaps???????
I think the boon times we saw in the '90's are gone for at least another generation....
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Bob S.
73.5 911T
1969 911T Coo' pay (one owner)
1960 Mercedes 190SL
1962 XKE Roadster (sold) - 13 motorcycles
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