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Old 08-05-2011, 07:58 AM
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Amanah Amanah is offline
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Re: Economy:The Hammer's Falling

well, we can't possibly be happy about the direction the govt is going, all we can do is protest and vote.

on the other hand, it is well with my soul, God will supply the needs of his people.

and also, if my people will pray, then i will hear

when 30 percent of the world's population consumes 70% of the worlds resources, there is going to be a reckoning

maybe instead of being a consumer nation, we will have to learn to live more simply
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Old 08-05-2011, 08:04 AM
coadie coadie is offline
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Re: Economy:The Hammer's Falling

Quote:
Originally Posted by Amanah View Post
well, we can't possibly be happy about the direction the govt is going, all we can do is protest and vote.

on the other hand, it is well with my soul, God will supply the needs of his people.

and also, if my people will pray, then i will hear

when 30 percent of the world's population consumes 70% of the worlds resources, there is going to be a reckoning

maybe instead of being a consumer nation, we will have to learn to live more simply
America consumes around 25% of the worlds energy. America PRODUCES about 25% of the worlds GDP. A little perspective.

Why the foucus on consumer spending? It is consumer products that create jobs. With this defective leadership, our consumer spending is strong. It is at the gas pump and leaves a few hundred dollars a month less for other consumer products.
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