Not Looking Good!

The Economic Cassandras have been saying this for years and no one was listening or paying attention.

Joseph Stiglitz seems to think we are in big TROUBLE! It is hard to ignore the man’s take on this.

The current stimulus package is all about encouraging consumption. A lack of consumption is not our problem, over consumption is however. The President’s stimulus plan does nothing to deal with our real “crisis.” At best it will add to the already out of control deficit but it could also make our problems worse.

Tighten those belts?