All the fancy lingo won’t alter the simple facts, the Economies around the world are dropping into a Depressed State. Call it what you want, but when people spend less on hard goods, when food and housing costs more, but wages fail to keep pace, you are in trouble. It really is that simple.

So how come the Morons running our Countries can’t figure that out?

Consumer spending barely budged in March, the fourth lackluster month as Americans grappled with higher food and energy prices amid an economic downturn. (source)

I certainly am no Economist like our Prime Minister, and I don’t manage the budget for a billion dollar company either, but I know that to say my cost of living only went up 3.2% over the last year is absolute bullshit. I know that the price of chicken for example, last year was around $3 a pound, and today is around $4 a pound. Now I didn’t get honors in math, but a 4% rise would mean chicken should be about $3.12 a pound, and the increase of a $1 is a damn site more than 3.2%.  Hell more like 33% if you ask me.

Gas is up, like $1.29 a liter here, but tell me again how the stuff I bought last year is only costing me a piddly 3.2% more? Bread we used to buy at $2.50 a loaf is now $3.59 a loaf. So that sure as hell doesn’t sound like 3.2% to me. Course we live in the real world, Stephen Harper and his gang live at OUR EXPENSE.

They talk about how people are saving less, well good grief, is it any wonder? I mean it costs a damn sight more to just live as we did last year, so what ever is scraped together to save is eaten up by the higher cost of living, such as oh, food, gas, heating the house, the cost of the house, and the list goes on. Yet these Economists and Leaders are worried about trying to STAVE OFF A RECESSION?

Thursday’s report also provided little comfort to the Federal Reserve, which is trying to avoid a recession while keeping price pressures in check. The Fed, in determining inflation dangers, is said to keep close track of a figure in the report that measures prices of goods that exclude energy and food products, which are considered volatile from month to month. This figure, known as the core personal consumption expenditures price deflator, ticked up to 2.1 percent in March from 2 percent in February, slightly above the Fed’s presumed “comfort zone.” (source)

NEWS FLASH » We are Long past going into a recession.

With every politician possible saying they understand, they still manage to come up with the same stupid answers. Tax Cuts, or the trite saying that the ‘market will adjust itself in time‘ as if that is going to help anyone. Fact is that financial institutes in the United States have gotten away with economic murder, and the leaders are still not dealing with that simple truth. Campaign Funding is more important than insuring a vibrant economy.

Rotten goods, thanks to Free Trade that is nothing more than a mantra for exporting jobs, for increasing corporate returns, and for lowering the standard of living. High Fuel costs that drive more business out of the country, that increase the world’s pollution, by setting up shop in starving under developed nations, and taking advantage of weaker environmental laws. Yet the Politicians are out spending everyone, with their War Chests, filled by the greed merchants they should be protecting us from.

Their answers are tired old excuses, that have new names to replace the old ones. Recession my ass, we are in a depression, as unemployment rises, as inflation creeps up, and wages continue to drop. This isn’t about a different ideology, it is about survival. Leaders need to get their pointed heads out of the sand, and take a look around. There is no excuse for OVER FIFTY MILLION CITIZENS to be without Health Care, and a Market Base Health Care System is just so much BULLSHIT. No better than passing a stupid law that merely requires everyone to have health insurance, as if that suddenly will make it affordable.

If John McCain, Stephen Harper, Hilary Clinton, or anyone else wants to lead, then how about attacking the source of the problems? Instead of looking for band aids for someone with a punctured artery, let’s look for the sutures and sew up the damn hole before we all bleed to death.

Regulate the Oil Industry for starters. They have run roughshod for too long, and their is now way that they are just reacting to situation abroad. Put hard disclosure rules in place on all financial institutes and freeze all foreclosures for at least one full year. Make it impossible for banks and mortgage brokers to be paid by each other, while pretending to work for the consumer. REGULATE the entire industry, and insure that they have the resources to back up every nickel they loan out.

Make Government Loans available or Guarantees, for home owners, that qualify, so they can refinance their homes, and keep the roof over their heads. Institute proper waste management over Government, by simply ENDING EARMARKS.  Hell that should save a few billion right there.