Letter: Economy is in troubleRecently I returned from Germany in my first civilian capacity, having been there twenty-two years ago with NATO forces, and the changes were more than dramatic. Out of the ashes has risen a magnificent nation with many of the characteristics that we as Americans could emulate.
By: David W. Florence, Hudson, Hudson Star-Observer
Recently I returned from Germany in my first civilian capacity, having been there twenty-two years ago with NATO forces, and the changes were more than dramatic. Out of the ashes has risen a magnificent nation with many of the characteristics that we as Americans could emulate. The sad side of the coin is the weakness of the American dollar in that one Euro costs one dollar and seventy-five cents. For those of you without a calculator, that is more than bad news.
So what does that nose-dive of exchange rate really mean? It means that our economy is in major trouble, and when the new European Common Market gets its act together, it will be very difficult for the USA to compete on the same playing field.
The time has come to diagnose and treat our bleeding economy. Anyone can diagnose external bleeding (unless one is color blind), but the real art comes with the ability to diagnose the subtle internal bleeding which can ultimately result in death, even the demise of a nation. In case you don’t know it, we are slipping rapidly and steeply, not a good combination.
So what do we do to stop the hemorrhage? We put a rapid and total stop to the outsourcing of jobs, which is killing our working class and the primary source of stability in our nation. This stability does not come from the wealthy who vacillate with the tide. If you don’t believe me, just study the history of other nations, the dynasties of the elite and foremost, the issues of religious conflict. Does it sound a little familiar? Have you read your Koran lately?
If the shoe fits, wear it. If it doesn’t, get a pair that does or the walk will be very painful. Let’s just hope that it’s not too late as our middle class is our main stability.