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It’s All in Your MIND!

Gas is not really $4 a gallon. Bread does not really cost $.10 more today than it did last year. You can still sell a house a make a decent profit. The same $20 will still get you the same amount of groceries at the store today as it did last year. Buy that SUV, splurge a little, you can afford it. I keep fighting these thoughts in my mind, it’s kind of hard dealing with¬†financial things mentally. Maybe I should be diagnosed with something? Not anxiety, PTSD, or depression…Maybe I’m just stuck in a mental recession???

Check out the latest round of foolishness brought to you by none other than Phil Gramm…

“You’ve heard of mental depression; this is a mental recession,” he said, noting that growth has held up at about 1 percent despite all the publicity over losing jobs to India, China, illegal immigration, housing and credit problems and record oil prices. “We may have a recession; we haven’t had one yet.”

“We have sort of become a nation of whiners,” he said. “You just hear this constant whining, complaining about a loss of competitiveness, America in decline” despite a major export boom that is the primary reason that growth continues in the economy, he said.

“We’ve never been more dominant; we’ve never had more natural advantages than we have today,” he said. “We have benefited greatly” from the globalization of the economy in the last 30 years.¬†

Read the entire interview here.