SwingTrade Member Forum

[BuzzOnDaBeach]

But they can't afford cars and homes when food and energy costs are so high. Expendable income has dimished. Remember, the upper 20% of earners in this country account for 50% of retail. When the other 80% stop spending on discretionary because all their discretionary funds are going to food and energy and other staples, there can be no economic rebound. That is the kunundrum the fed is facing. I think they pretty much have to cut rates, and we suffer through a few tough years.

Buzz