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Ready or Not, Stagflation Is Here
Topic Started: June 9, 2012, 7:07 pm (584 Views)
Blessedx4
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In order to do what is recommended here - we'd need a new administration and considerable house cleaning of the House and Senate. Right now - amataurs and wild-eyed-utopians are in control. (jmho of course)


By Ed Butowsky
From the Front Lines
Published June 08, 2012
Quote:
 
Stagflation is one of the worst economic conditions a country can be in, and the United States just entered it.

It has actually been responsible for revolutions and uprisings in developed countries around the world. Most recently Greece, Spain and Portugal are experiencing severe doses of this dreaded economic condition. It is extraordinarily difficult to work through and often destroys wealth for generations.

http://www.foxbusiness.com/economy/2012/06/08/ready-or-not-stagflation-is-here/


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cricket55
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I agree we need to elect a whole new group of people who will be responsible and have the american public in mind and not themselves.
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raml
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We need to pray for our country and get out and vote in a new administration and change the make up of our senate and house. Hopefully after November things will look up for the united states. Being retired and on a fixed income in this economy can be worrisome but I tend to give it over to the Lord and let him deal with it and so far in my life it has worked.
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PlentyForgiven
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I've never heard of stagflation, that's a new term to me. Our gov't system isn't working, I don't know if bringing in new faces will help. Sounds like more and more people will need assistance and it's bankrupting the country. What a mess. If people would repent and turn from their wicked ways, God will heal our land. I wish we had leadership that would turn to the Lord for guidance.
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