Friday, November 21, 2008

Uncertain Times are Certainly Here

Uncertain times are certainly here and no one really knows what tomorrow holds. If you read any financial website or newspaper you will find the horror that is the financial markets but there are some areas that they are not talking about. The current price of gasoline is down from $4.00 to $1. 75. My family drives roughly 700 miles a week this means we are saving on average $315 a month for fuel costs. This is the type of stimulus package the American people need in today’s economy.

I have been in the financial services business since 1999 and as most people have said we have never been in times like this before. I certainly do not have all the answers but I do believe one of the reason this could be worse than the deprecation is the amount of information that is available to people. Take this blog for example during the great depression no one had the opportunity to speak their mind about the economy except for the media and government. Today anyone can talk and give their opinion on what they feel is the right solution to fix the economy. I do not have the answers nor would it be appropriate to make recommendations, but I do know the more we spend time looking at the negative aspects the decline will only get worse. Take the fuel price decline as your stimulus package and remain positive good times are ahead.