Deflation...

Government's now worrying about deflation rather than inflation. Besides housing, oil prices... host of other things are beginning to have prices fallen. Of course this is good for consumers with money, but eventually companies will have to cut more jobs in order to reduce cost... in order to cover for the lower prices... and as more and more people continue to lose their jobs... this vicious cycle might just continue to no end! Usually there's inflation, the only time when US had a deflation was during the Great Depression.

Hopefully God will give the political leaders wisdom to do the right thing in order to get us out of this trouble. But of course we also have to repent of our mistakes too... instead of just expecting a bailout and cointnue to do the same. What would be the point of a bailout or a salvation plan if we continue to do things the wrong way? US automakers are also rapidly running out of money as demand for cars go down..., they were also unsuccessfully at getting government money to help out... some members of congress were saying that we shouldn't bail out companies who's products people don't want to buy in the first place! While that is true, but can we really afford to see all the dealerships and suppliers going out of business along with the automakers?

Obviously we shouldn't continue to fund the prodigal son to roam around living la vida loca, but if companies to repent and turn themselves around, hopefully God will hellp them thru their troubles. Job pretty much experienced all this first hand. World is going to be full of "Jobs" real soon..., going thru this deflationary pain which may or may not be their own doing... and we'll have no clue when the pain is going away...

But at least we can count on God to eventually deliver us at some future time! :)
(Job 7-9, 174.4 lbs, $2.429)