主题：04/14/2009 Market View -- 宁子

Sad thing is, our kids and grandkids will have to deal with this and a lower standard of living, yet it could have been avoided. History shows the roadmap to stimulating the economy without creating inflationary pressures, but politics and social ideals and engineering are taking precedence over what has made us great, and if it continues we are, despite all of the lofty rhetoric about reclaiming past glories, moving from a 'boom and bust' cycle (that is of course inherent in any economy, free or centralized), 'investing in the future', heading for another period of stagnant growth with the bookends of high unemployment and high inflation that will likely see the baby boom generation through their golden years with inflation eating into what savings they have left.

It doesn't sound promising or much fun. I was a teenager in the 1970's and they stunk. It was a bad time in many ways other than just the economic issues. Crime was high, US morale was low, hope was something our parents once had. I don't want to go back there. I don't want my kids to live through that kind of impotent malaise. We are speaking out but many of the new voters were not alive in the 1970's and the history books do not tell the story of how bad things were. Thus we are, sadly, going to likely repeat the mistakes of the past.