American memories are shorter than ever

[Alex Snyder (blog)]

Joe - that's great. I have to admit that I've gotten a little caught-up in the down side of the market lately...if that wasn't obvious. Thanks for lightening things up!

 

[Oscar Vanderkooij]

The negative spiral can only be stopped one way. By spending money! All those folks that are afraid to spend money because they do not know whether they will keep their job or just wait for the market to turn around. Well, it won't unless we start spending money.

Although I agree with Joe that their are gas savings currently. The oil prices have been going down because of the slowing/declining growth of the economy. So as soon as the economy turns around, the gas prices will shoot up again. The economy is a funny thing. You lower the rates to improve the economy, but indirectly this will affect the economy in a bad way to.

Really the answer is that we all need to go shopping our a** off, so companies will start reporting positive sales numbers, which will lead to more jobs and more people spending money.

My 2 pennies.