And still not creating jobs in the required numbers.
The deficit spending is like maxing, and then over-maxing credit cards. You can look good while it's happening, but there is a price.
The devalued dollar is all that's making the stock market look good, and the stock market thrives on perceptions, not reality.
The balance of payments is absolutely grim, placing more and more of America's future and welfare in the hands of foreigners. Should they decide to pull their money from stocks and bonds, there would be a massive depression.
To call this economy good is to fall for as big a load of propaganda as saying the situation in Iraq is the result of a few foreign insurgents and almost under control.
In other words, to believe GWB & Co., and I don't recall more lies coming faster from any group. Ever.
Arf
Current Events » in reply to Too late
This economy is being artificially stimulated as NEVER before.
The whole thread (24 posts)
- "If we make enough noise about Iraq, maybe nobody will notice the economy..."
- re: "If we make enough noise about Iraq, maybe nobody will notice the economy..."
- Too late
- re: "If we make enough noise about jobs, maybe nobody will notice who's getting the income..."