Economics & Everything elseThe blog about human needs and limited resources

It seems that rate cut after rate cut nothing seems to be spurring the economy back to full employment as our gross domenstic product continues to be ont he decline. Stocks have tumbled, mutual funds have flipped, and the almighty housing asset is losing value fast. Although we face grim news all day I remind myself to think “everything bad happens for a good reason”. Thank god we are in a recession now, without these bad times things wouldn’t be half off, nor would people understand  that their are things more important than money. I would also like to say that I’m grateful for the recession because it opens the eyes of the public as to what our government is doing and you can actually see how this effects the routine news on CBS and other channels. The same thing is what happened during Vietnam, because of economic depression and a war people become politically involved.