Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Monday, September 29, 2008

it's the economy stupid

It seems that Michigan's economy has spread across the nation. I know that the frozen financial market/spreading foreclosure/credit crisis is a huge problem to solve with no short term solution, but the government needs to keep working. I'm not necessarily a huge fan of the recently-rejected bail out proposal, but it's clear that the market needs to have some confidence restored.

We also need to do our part by not panicking and being personally responsible with our finances. The banks lent all that money to people. We can't just blame the banks for wanting to make more money. We're the ones who asked for it.