The fallout from bad economic and energy policies are eventually going to touch every part of daily life. For people who are working, there's the concern about employment, high cost of actually getting to work, fear of losing retirement money and so forth. For retirees on fixed incomes, the thought of paying more for food and gas are scary. For school children, they will either grumbling parents who will have to pay more (either in taxes or at checkout) or the high probability of more cutbacks for poor children. This story on school food increases is from Boston though it could be almost anywhere. It was Reagan who reclassified ketchup as a vegetable during a previous round of cutbacks. (Yes, what an asshole.)
None of the financial options that we face in the next few years are attractive. In all likelihood we will be paying more at the pump, more to heat and more for food until there is a major change in policy. We're also very likely to have tax increases to pay for the excesses of the past when we gave away everything to Republican special interests who promised the world but delivered rubbish.
Quote of the Day
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"If the election had turned out differently, I could be the one overseeing
the signing of bailout checks and Vice President Biden could be on the road
sell...
42 minutes ago







