What are you worth?

Once the "stimulus (read giving more money to failing businessmen who buy private planes and go on $400,000 retreats) package passes our national deficit will hit 11 Trillion Dollars!!! Which, if you break it down over the roughly 300 million Americans equals approximately $40,000 for every man, woman and child. I have a family of 3, that means I am on the hook for $120,000. Isn't that the price for an entry level home these days? Awesome. Good job government. Thanks so much.

Unemployment is up to approximately 7.6%, something like 598,000 jobs lost last month (No, Nancy Pelosi, not 500 million jobs lost each month - are we all working 2 jobs now?). Good news is more Americans are changing their spending habits - saving more, using coupons, incurring less debt, not speculating on rising home values (there's a big one). Now if only we could get the boys in Washington to do that. What am I talking about, of course they have our interests at heart.

Seriously though, could I just get the 120K I am on the hook for?

How do you really know the economy is suffering?

I will tell you how you know. It's not the housing market, or the price of oil, or the rate of inflation, it's hookers. That's right, when business is suffering for those in the sex business, that's when you know the economy is suffering. Legal brothels in Las Vegas are down 40% this year. That is worse than the housing market in California (38%)!!! Apparently it can be traced back to oil. Due to higher gas prices, truckers have been unable to take advantage of the services offered by such establishments as the Shady Lady and the Bunny Ranch. According to interviews (not done by me), truckers were one of the top sources of revenue for these businesses. In order to lure business back (seriously, how hard can that be?), some of these brothels are offering $50 gas cards when a client spends $300 or more per month. This is starting to sound like an ad for a used car dealership.

On a related note, I wonder what the misery rating is currently. I believe it was highest under President Carter (Dem) with 20% interest rates, 12% unemployment and a high rate of inflation. Just something to ponder.

Can you believe what you read?

Is the sky falling? Or am I just burying my head in the sand? I believe I am a glass-half-full type of person, but I am having a harder and harder time discerning the current state of affairs. The evening news is filled with crime, horror and is altogether depressing (at least I get updates on the weather every 4-6 minutes). So according to the "devil-box" in my living room, the end or the world is here. Contrary to that information is that of the Wall Street Journal. I recently perused an article with the title, "Life Is Good, So Why Do We Feel So Bad?" by Gregg Easterbrook. To summarize:

• Unemployment is low (5.5%).
• Income is rising ahead of inflation.
• Even with the current media-induced housing market, the average home is still worth 30% more than it was in 2000.
• Only 6% of Americans actually have "threatened" mortgages, and the majority of those will keep their homes.
• Inflation is getting a great deal of press for being on the rise, however the 16 years prior to 2008 were almost inflation-free!

I could go on, but you get the point. The real question is where do we go from here?