Old 09-29-2007 | 02:54 PM
  #24  
XJPILOT1
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Joined: Jan 2007
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From: SAABster
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Originally Posted by Sparky
--------------------------------------------------------------------------Just wanted to add a few comments! (me too) ------

Under the circumstances of 9/11, war and recession; the economy has been pretty good.
-inflation is low (except for health care [too many rediculuos lawsuits], housing [good if you're selling], energy, and bread [I shop at outlets])
-unemployment is low (a lot of low wage service jobs for everybody [keeps 'em off welfare until they retrain like I did])
-the stock market has made gains (great for the top 1% of the country[actually most pensions and 401k's are investments in the stock market])
-corporations are making money (CEOs richer, workers poorer, makes since[sorry no money no jobs!])
-interest rates are low (already in debt, lets borrow more [free will here, ya make you own bed])
-oil is still priced lower than 25 years ago- corrected for inflation of course (Yah, didn't we learn our lesson about foreign oil 25 yrs ago? [no one wants to use US oil!???])
Economic policies are not the domain of incumbent presidents. Ask Greenspan or Bernanke. When they speak the world stops moving.
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