As I watch the news - listening to the economic problems facing our nation, I have to ask myself what caused this downturn.
1. Wealth Disparity
2. Iraq war
3. Trade relations
4. Loose Credit
5. All the above???
I may not have a degree in economics but I understand the "Middle Class Squeeze" principle, spending more than you make and the concept of trade. Then we account for the falling dollar and other nations buying more of our goods and services on the cheep -- meaning we pay more for their goods.
Please help me understand this logic -- Are we actually paying people to help make these choices?
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