Current Events — HabitableZone

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 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

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