Its the economy stupid

Friday, January 8th, 2010

« Re-juvenile-ization!! Commentary for January 15, 2010 »

Nothing can be more disconcerting than getting on an airplane and going through security.

 Funny to think that we are now wondering what might be in a fellow passenger’s underwear.

My thought is “do what it takes” to make me safe. Full body scan- no problem. Gotta take my shoes off - -do it. I can’t read for the last hour - I’ll stare out of the window. Sorry, but I don’t view this as the biggest issue facing the US right now but you wouldn’t know that by how much time has been spent on it since the thwarted Christmas bombing attempt on a flight from Amsterdam to Detroit.
The jobs number today highlighted that the number one issue facing us is the economy. We lost 85,000 jobs during the month of December. The jobs market is improving trendwise (and we think it will continue to do so) but this is a reminder that it must. Ask most families what their number one worry is and it will be the security of the families employment and not the security of air travel. Most families are more worried about whether their younger members will have a job and not whether they will fly safely to Tampa.

 Our number one concern must be the economy.
On a side note, the market reaction to the weak jobs number has (to this point - 10am) been muted with the Dow down roughly 35 points.

Today, I paid $3/gallon for gas. Its strange that I am seeing nothing about this fact- our reliance on foreign oil CONTINUES. One of the biggest election issues over the past couple of years was dependence on foreign oil. We are still dependant - a run to higher gas prices would choke off this nascent economic recovery. I am not sure what the answer is but I know that there are a number of them. Natural gas, expanded US drilling, wind, solar, ethanol- you pick it. For once, instead of talking about it - let’s do something about it.

After all, its the economy stupid- advice for both politcal parties to HEED.

« Re-juvenile-ization!! Commentary for January 15, 2010 »

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