Common Sense Economics

Dear savagejim,

You made very good common sense points.

However, the modern terrorist warfare the Nation has been pushed in by Islamic jihadists requires dramatic adjustments in the U.S. National Economy, eventually replacing the current Economy of Peace time into Economy of War time.

The latter is in fact ECONOMIC MOBILIZATION of the Nation for battle with Terror.

The United States are in total war with enemy trying to exhaust all Nation's economic resources and thus brake the will of the Nation to resist.

Hey Jim, I completely agree with you that common sense is not so common and this is especially true in the financial arena. Case and point: the so called economic stimulus package is only going to weaken the dollar more, and, therefore, hurt savers the most. The government wants us to spend our rebates, and they are almost pushing our hands to do so because if we do save it, whatever interest we accumulate will not keep pace with the current rate of inflation.