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Hey Stupid! It's a $13 Trillion Economy
A small portion of Americans are taking council of their fears. The talk of recession started even before a confirmed report of 2 quarters of economic contraction. This emotion is fed by the:
1) Housing lobby looking for help.
2) Politicians looking for power or re-election (or both)
3) Americans looking for external help for their stupidity
4) Others who continuously spend time on a couch or barstool.
We are all in this together - the good and the bad. However, Americans are mostly individualists. We produce great works of art, science, literature etc than any other country. See Nobel, Hollywood, NASA and other places that clearly denote American citizens as leaders.
We have a $13 trillion economy. There is plenty of room for everyone. No one will go hungry. We have great individuals living within our borders. If you want to participate in the recession, be my guest. However, a majority of Americans are silently improving their productivity, saving more, spending less and generally figuring out ways to take market share from Asian, South American, European etc nations. That is the America I adore.
Posted by Matt Stevens at March 12, 2008 12:30 PM