Are you?
Did you know that we (the country) is currently in the midst of a financial crisis? While I hear about it in the news, I've noticed that it really does not effect me much. While yes, I'm sure my mutual funds and IRAs are hurting, but I don't plan to tap into them until I retire, ie. 20-30 years from now. My job (or lack there of) as a teaching assistant is pretty secure and the pay will continue to be to low to live on. I don't own a house or owe have any loans... so no worries there. The money I have in the bank is less than $100,000 and FDIC insured... I think this is the first time I'm happy that government plays a role in our economy. But overall... so the "everything less than 99 cent" store is becomming the "everything less than $1.05" store... I'll survive.
When Bush says that the economy needs government intervention you know that something is wrong... both Republicans who are anti federal involvement in the economy and Democrats that just want to go against Bush should put this down...
Oh look... they did. The federal bailout failed: "Media reports are describing yesterday's 228-205 House vote against the financial bailout plan as a stunning surprise that adds to the uncertainty and sense of gloom surrounding the world's economy." Which led to a 7% fall in the Dow... don't get me started on the inflated stock market! Now if only someone could explain why I should care that Microsoft is getting involved? Of course big companies who rely on inflated stocks (as well as large banks who made stupid decisions) want free money from the government!
The Way I See the Economic Meltdown is similar to this from PHD Comics... 
Meanwhile, a recent USA Today/Gallup poll finds more Americans disapproving than approving of how most of the major national political players have handled the recent problems on Wall Street... further demonstrating that the general pubilc does not understand how a) the economy works or b) how little ability these politicos have to effect the economy in any real way.



