We haven’t recovered from this recession. In fact, it has been said the worse is still yet to come1. But, people do have a sense of humor about the ailing economy, asking for more bubble to invest in.
Sarcasm aside, it does pose a good question. When they have that much money to play with, what would politicians, financial “experts”, and investors like to sink money in?
- Energy – Alternative Fuels and Energy Sources
- Green Initiatives – Recycling, “Corporate Responsibilities”
- Social Programs – Universal Healthcare
- Transportation – Auto Industry, Trains Systems
- Environmental Studies – “Global Warming”
The list may look familiar. It’s part of Obama’s “stimulus” package. The new president is focused on social programs, so a lot of money will be poured into them.
I’m sure the causes are commendable, and the intentions are noble. But, people are just consistently greed. They’ll find ways to manipulate the system. They’ll find a way to exploit this for their own gains. Hence the new bubble.
Be fearful when others are greedy, and be greedy when others are fearful.
I have to be cautious of easy money. I have to worry about making money without discipline or hard work. When money is involved, everyone will want to a piece of it. This includes the government. Nothing in this world is free.
Maybe I’m being too simplistic, but for us, as consumers, we play a big role in this economic recovery. We need to be smart on what we invest in. We need to use our money for the good of others, not just ourselves. When we can be more disciplined (save and invest), and generous (help others) at the same time, we’ll have a better chance of digging ourselves from this mess.
I sure hope our current leaders get this. Otherwise we’ll need a new set to lead us into the right direction.
Currently, I can think of a few who understands the value of helping others. With Denny’s leading the way, we’re getting a lot of free food offers.
Photo Credit: Olive_Talique
- Obama’s victory speech: “The road ahead will be long. Our climb will be steep. We may not get there in one year, or even one term…” [↩]
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hey Rudy,
The economy has me worried… and I’m not sure that our leaders in Washington (or Sacramento) “get it.” They seem to think there is an infinite source that you can borrow money from, or that there is a magical land of money trees somewhere. I’d like to find that magical land. ~ Steve
trade show guru´s last blog post..My Kids Are Smart… cockle shells
Hey Steve,
Yeah, the “magical land” seems to be where Obama comes from. This T-shirt potrays it well:
http://www.boingboing.net/imag.....ashirt.jpg
The economy has everyone scared. Things will only get worse before they get better.