Hey, he's got to keep a balanced life...exercising and all that.
If them poor folk can't help thmeselves, what's he supposed to do about it?
Posted by marty at August 30, 2005 08:13 AM
The poor have two choices - die, and decrease the surplus population, or join the Bu$hCo Oil Rustlers and die for oil in some foreign land.
Posted by pessimist at August 30, 2005 08:25 AMThe comparisons to 2000 will be hard to beat, because that was a bubble economy. The only recent times previous to that was the mid-60's or roaring-20's. Unfortunately, those who in 1999 or 2000 thought we were in a new paradigm or that "this time, it's different" were wrong.
The economic periods that follow booms are generally described as busts. (You recall the periods after the 20's and 60's.)
Posted by muckdog at August 30, 2005 09:24 AMHe has got to keep his "base" happy.
I'm not his "base"!!
Silly goose! Anything bad is Clinton's fault. If it wasn't for der Shrubenfuhrer's steely resolve, it would have been far worse.
Posted by heretic at August 30, 2005 10:35 AMSo, Muck, are you admitting that the Chimperor has presided over a "bust" economy? That doesn't quite jibe with your line of crap.
Posted by CapD at August 30, 2005 11:37 AM"usual" line of crap.
Posted by CapD at August 30, 2005 11:38 AMGreat post, heretic.
Posted by Hank at August 30, 2005 11:38 AMshorter muck:
CEO to worker pay earnings ratios are down from a record high levels set in 2001. Oh the humanity ;~p !
Posted by emal at August 30, 2005 12:09 PMI thought Muck's standard line was that the economy is doing great. Of course, according to Muck also, if the economy is bad, it's all Clinton's fault, of course.
Posted by ann at August 30, 2005 12:12 PMYou guys make poverty levels sound so negative. As Sean Hannity would say, you only want to talk about the bad things that happen. No wonder the rightwing hates you. The CEO's and corporate executives, for your information, are doing VERY well, thank you.
Posted by Hank at August 30, 2005 01:19 PMJust to repeat, I think the US entered a secular bear market in early 2000, that will probably last well into the next decade. No matter who won in 2000 or 2004. Didn't really matter. Doesn't matter much who wins in 2008 or 2012, either.
Just economic cycles.
(But it does matter who is the next Fed Chairman in 2006...)
During each economic cycle, there are expansions and contractions.
So while we are in the midsts of a longterm bear market, we are currently in one of the economic expansions. Enjoy it while you can, because it will get bad again.
Posted by muckdog at August 30, 2005 01:55 PMyou know those poor bush-CEOs have to now pay upwards of $3 for gas
wait till the George Bush debt comes due -- of course when he is out of office.
maybe ALL of america should sell their homes (with their skyrocketing prices) to uplift them of poverty.
Posted by distributorcap at August 30, 2005 02:27 PM