Recession, Election, what does it mean to average Americans?

Frankly recession and the election really doesn’t mean much to the 40 million average Americans who are hurting financially. While we all have a hope it will in reality that is a long shot. Average Americans will in my opinion continue to slip further economically joined by those on the edge who are earning $50,000 a year.

Why think that? Well The AP reported just today consumer spending was flat once again for the second month in a row and that after a poor Christmas season. Incomes posted a .03 gain  in January due to all those big corporate bonus checks. I guess you got yours, right? Many economists are still saying we will have a recession later this year. Our President, who said he had heard gas prices were up near $4.00 a barrel doesn’t think so. He and his economists are hedging on that stimulus package to improve the economy and wouldn’t you know it right before an election. How strange is that? Some would even think that afer this summers record prices and possibly more profits for big oil gas prices prices will move down right before the election?  This always seems to come about right before an election. I guess it is good sound fiscal planning and policy, right?

Well we know where one is. Nothdrop just got a contract with Eurobus to make tankers for the military. The majority of the work to be done in Europe producing the majority of jobs there. Don’t fret, America will get 2000 assembly jobs. Hey, we can’t manufacture her any longer and no one is interested in foreign powers making our military equipment right so at least we got something? Doesn’t India do it for Boeing on another military project? They’re our allies, right? So listen for these politicans to latch onto this as theirs and how good it is for America. Certainly the jobs are. That is if they actually go to Americans?

So what can anyone say? Why all the news about change?  Where, when, how? So here is what we know as fact. We already know who black America is voting for so why wait for November. Just gather their votes all up now and post them. No disrespect intended but the truth is the truth. Hispanics, well that is interesting because both McCain and Obama are champions for their cause, that is Comprehensive Immigration and everything else they want to give them.  Obama has thrown even more goodies into their pot. No matter if Hillary, they will feel comfortable with her as well. That vote may split but it doesn't matter. As for the over 55 crowd and retired silent majority, patriotic bunch, nothing in my opinion matters. They plug along and vote the same way year after year election after election so we can count them as well.

Robert T. Melaccio Sr. 2008 Copyright ©2008 Robert Melaccio