The neocons report on the growth and strength of the economy and neglect to mention the over two million bankruptcy cases for the year. This is an increase of over 49% over the filings last year. And last year was a record year for the number of filings.
Apparently, some segments of the economy are not doing as well as Tom would have us believe. Or, is it that Republicans assess the state of the economy on how the stock market is doing to the exclusion of all other benchmarks?
And hey, if you think record high gold prices are a good thing, the economy is great.
And my Exxon-Mobil pocketed record profits for the year. How sweet this economy is. Bring on more tax credits, increase the deficit and debt and enjoy.
Publius
Current Events » in reply to I stopped paying attention to your economic predictions
Notice that no mention of the over two million bankruptcy cases filed?
The whole thread (17 posts)
- More on the economy
- My prediction: The fed will keep raising rates.
- You're just optimistic cause gold is too high to buy right now. (n/t)
- I stopped paying attention to your economic predictions
- My prediction: The fed will keep raising rates.
