The Looking Glass

Worth Taking Seriously

The subprime mortgage crisis has spawned into a global crisis, which has been described as, "the biggest market disruptions since the Great Depression", it has bankrupted Iceland, and even managed to slow the growth of China. Not only does the crisis concern the average American, it concerns most of the world.

A economic problem of this magnitude should be the primary focus of the media and the presidential candidates. Any economic disaster the can bankrupt another country and be compared to the Great Depression is certainly worth taking seriously even at the cost of other issues. Also what other issues are there to Americans other than the thickness of their billfolds? "It's the economy, stupid!" Iraq, global warming, gays, and the unborn can wait their turn.

posted by Anonymous @ 12:10 PM