I can only do so much, remember I'm a DIMocRAT.
It's not really the "S" word that scares us so much...it's the words that usually follow that word after it is implemented.
like the F word FAILURE
like the T word TOTALITARIANISM
Last edited by Molon Labe; 09-17-2008 at 08:06 PM.
Unemployment is still low. Spending is still strong.
This is a market correction that I knew would take place 5 years ago. Clinton had the dot com bust, and Bush has the housing bust.
Both cost the market trillions of dollars. Both should have never happened.
But neither one sent us into a Great Depression. People who want to work can still find work. When you have only 6.1% unemployment, that number reflects the lazy, unemployable, and those unwilling to work for what they are worth. Only when you get into the 7s do you have people unable to find jobs that are fitting of their skills and pay grade.
And do you understand the "stickiness" of economics? Any economic policy besides emergency monetary policy takes YEARS to hit the broader economy, sometimes a decade.
Bush is a douche bag and a horrible President, no doubt about it, but he can't be blamed for all of this.
Using things like dollar spreads and debt, especially without taking inflation into account, is how people try and make the economy look worse than it is.
Simple fact - the national debt does not affect you or I. Not one little bit. It doesn't affect your job, it doesnt affect your income, it doesnt affect the cost of your food, and doesnt mean jack squat. It is a ruze. A fallacy. A worthless statistic backed up by a currency who's value is adjusted daily.
Well take a guess. I'll give you +/- a billion. Come on - sac up!
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