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Recession and depression are on everyone’s mind.

By Danny G. Goe

How deep will the recession be and how long will it last?

These are hard questions and depend on the Federal Reserve future actions and the Bush administration and congress.

Any tax increase at any level would not be in the best interest of the working citizen.

When the Fed cut interest rates on Jan 29, Gold increased to about the 937/oz and silver to about 16.87/oz., and the dollar declined about 50 cents. Silver has now spiked near $17.30/oz.

If your investments and your wages are not keeping up with inflation, you are slowly losing your buying power.

There is much depending on this election of future legislators of the country.

Voters should inform themselves and make a very informed decision as to what candidate will act in the citizens’ best interest to create higher paying jobs.

A Candidate’s voting record should give insight to his monetary responsibility.

High spenders and pay later won’t work and just pass on debt and interest to the next generation.

You cannot make a gasoline engine create more horsepower without giving it more gas, and the gas to the American economy is earned income. The proposed 150 billion is only about a 1 percent shot in the arm and like a raise. A raise in your wages is just a short-term solution to a long term problem.

Non-rational government decisions only hurt the majority of the working citizens.

Choose wisely and enjoy a higher Standard of Living.

DGoe@itwebs.com

DGoe@att.net

573-581-3547

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