Leeboy,

The big employer here is the local, state and federal government--all of which are spending your and my money as fast as they can. Hell, the state just jacked up everyones taxes to the point where if you don't have at least two jobs you cannot own a house. Most of the folks that live in those expensive homes behind my place work for government agencies. Their spouses work for other government agencies so they can afford the monthly payments.

Of course, if they cannot afford the mortgage that's OK. The Senate and Congress just put together a bailout so they get to keep them, even if they don't make the payments. Plus, they added a bunch of pork barrel bills to the bailout bill so the fat cats could get even fatter. I hope Tony Rome can find room for me in Cozumel, Mexico when my taxes get to the point where I have to move out of the U.S. in order to survive.

It's a sad state of affairs when the largest employer in the nation is government agencies, but that seems to be the case in the U.S. these days. The irony of this is Obama says he'll lower taxes for 95 percent of Americans, and he'll do this by raising taxes. Those were the exact same words spoken by Maryland Governor Martin O'Mally when he ran for office last year. Since then he has instituted the largest tax increase in U.S. History. Hmmmm! Kinda' makes you think, doesn't it.

Bottom line--I have loads of restaurants, nursing homes, assisted living centers and retirement communities where I can perform on a daily basis, and the vast majority are inhabited by elderly, retired, government employees. And, those that have not yet made it to retirement age are spending yours and my tax dollars as fast as they can. I guess that's the best explanation I have for a booming economy in this part of the nation.

Cheers,

Gary
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