Sadly I don’t pay attention to enough politics to understand the key sides to every issue, but one issue I know I need to be paying more attention to is our failing economy. The discussion of this bailout of the financial system by the United States government is one thing, the political pandering of both sides is another, but this is seriously going to affect how I approach the near future financially. Plain and simple. I got a bit lazy over the past couple years and chalked it up to just being young and having fun, but the way it’s going now I have to be careful to make sure I have a backup plan in case the economy continues to go sour as it has lately.
I consider myself fortunate that I have such a great job, and so far I’ve had very little problem in the economy’s past ups and downs. I guess I just hope to keep it that way. And the thought that our government is stepping in to bail out our own financial institutions is just way too scary to even think about, especially considering what our government doesn’t seem to be too capable of. We’re spending so many resources over in Iraq and not here right where we need it the most and the fastest. I want to learn how I can help to change that because something is not right here at home. I can’t wait to see how this election shapes up. I’m ready for it all to be over so that we can all go back to our normal lives ignoring politics. After watching only about half of the debate, my head already hurt from all the double speak.
I mean, this whole process just still feels like too much of a mess to me and I think for young people in general. There’s something failed about that debate, even though it can be praised that it was as close to an actual debate than were present in years past. That is probably the subject of another post, though.
In terms of the bailout, I hate the idea that our government has to intervene with the private markets here and it scares me if this is something that we are allowed to let go on within our free market. In some ways I wish the market would just let itself adjust and each industry would adjust to the market conditions, and yet this is exactly what our bailout plan is being created to control confidently without letting the market inflict too much harm on any of the stakeholders involved. But for some reason I don’t have faith in it, because I think the market will still adjust or is already adjusting now. The effect is nill, and comes off feeling a lot more political than anything else. It’s scary times if this is what our government is spending time doing. It’s reactive thinking and it going to get us into more trouble than we’re already in.