But who will pay for highways? Now that is already a problem with people not driving as much the government agency that handles funds to maintain highways ran out of funds recently with congress having to step in with more funds from the general fund.
Washington is printing money like there is no tomorrow. I'd guess that we are in for 5+ years of deflation. I'm wondering where we go from that point. Bringing more
oil sources on board in America seems off the table, trillions have been lost - at least on paper with billions in actual money lost. Major auto companies are headed for a fall. Investment and banking companies will all end up being owned by the people through tax funds. More tax funds will be needed soon and at all levels - California is basically broke, along with other major states.
Bottomline is that around mid-year 2009 we will all be in a screaming mood, as depicted below.......
Of course, some of us will be screaming louder then others - stand in line!