Saturday, November 08, 2008

Job losses predicted for CT

The Courant reports

Connecticut is expected to play catch-up and shed tens of thousands of jobs over the next six to nine months as it mimics a pattern of job losses that has swept the nation over the past three months, economists say. (By JANICE PODSADA)

Scary stuff. I'm glad I finally paid off my outstanding credit card as of last week. Sure I keep using my credit cards, but at least I'm out of the hole I dug.

Wouldn't it be great if the US government would do that? Unfortunately, the new administration is already talking about spending more money on the credit card. And I fear it's not going to stop. Ultimately, if the printing presses keep running... we will experience hyperinflation.

Tim White

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