8 years ago
Tuesday, November 25, 2008
Economy of Stupidity
That is what we are in right now. For the most part, Montana has been shielded from the imploding economy seen in the rest of the country; but one of the local mines shut down this week and Sweet Grass County's economy just tanked. The Stillwater Mining Company provided 40+% of Sweet Grass County's tax revenue and now that source is gone. I don't know how far-reaching that one company's failure will be here in the state, but it will send ripples across the entire state. My county is still fine (we operate on a different economy due to the reservation) but still things are changing. Now this isn't supposed to be a "woe is me" post, but I am angry at the process that has put the country in this position. Stupid decisions made by people have crippled this economy. That's all it is; from CEOs to everyday common folks. Ordinary citizens "needing" more home and "stuff" than they can afford, bank personnell willing to give money to people who cannot afford to repay it, CEOs making it company policy to seek out and sell their products via financing options, and Congress willing to FINANCE failed business models! All of this is stupidity in action! I know that I rant about this frequently, but it is an important issue in America right now and this one issue dictated who and what I voted for (I don't usually vote on a single issue, but I did this year). Enough about that...
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